| COMMODITIES & INDICES:- | • DOW Jones:- 10,477
• NASDAQ:- 2,233
• Nikkei 225:- 9,301
• FTSE 100:- 5,428
• DAX:- 6,134
• CAC-40:- 3,625
• GOLD:- $1,249
• EGYX30:- 6,525
• Crude oil:- $74
• Abu Dhabi Index:- 2,516
• Dubai Index:- 1,568
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| COMMODITIES:- | Oil prices slipped toward $74 per barrel on Monday as the end of the U.S on high level of unemployment in the world’s biggest oil consumer and the future of its economy. Gold is steadied around 1,250 per ounce on high volatility ion the markets and weak dollar.
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| EQUITY MARKET: | U.S market is closed today in the occasion of the Labor Day. On the other hand, Asian markets closed bullish on optimism of economic recovery especially after better than expected U.S jobs data. European markets opened high as well on easing anxiety about the probability of the global economy to fall in double recession.
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| FIXED INCOME MARKET:- | German Bunds yields fell on Monday after the IMF’s chief economist said that the growth is likely to remain weak in Europe and the United States. British gilts went up bouncing back from two week lows causing the 10 year yields back below 3 percent. Japanese government bonds fell on Monday as demand for debt weakened on continuing bounce in Tokyo stocks.
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| FOREIGN EXCHANGE MARKET:- | The dollar went down on Monday against major currencies. However, it fell to 15 year low vs. the yen to lose gains made after U.S jobs data. Sterling fell to 1mth low versus the Euro on Monday as disappointing UK data. The Swiss franc fell from its high on Monday as investors turned to riskier assets on better than expected U.S economic news.
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