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Dubai Rises 0.3% to End 3-Session Loss Streak, Abu Dhabi Between Two Readings•State Street Lowers Probability of Gold Reaching $5,500 to 60%•UAE Banks and Insurance Companies Face October 11 Deadline for Remuneration Rules•European Commission Updates Dual-Use Export Control List•SpaceX Returns Ship 40 to Texas and Cryogenically Tests Ship 42•SpaceX Buys Grain's Spectrum for $8 Billion for Direct-to-Cell Service•Dubai Rises 0.3% to End 3-Session Loss Streak, Abu Dhabi Between Two Readings•State Street Lowers Probability of Gold Reaching $5,500 to 60%•UAE Banks and Insurance Companies Face October 11 Deadline for Remuneration Rules•European Commission Updates Dual-Use Export Control List•SpaceX Returns Ship 40 to Texas and Cryogenically Tests Ship 42•SpaceX Buys Grain's Spectrum for $8 Billion for Direct-to-Cell Service•
Monetary Policy

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UBS Expects Two Rate Hikes in 2026 as Yields Approach Multi-Year Highs
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UBS Expects Two Rate Hikes in 2026 as Yields Approach Multi-Year Highs

Swiss bank UBS projected two additional US interest rate hikes during 2026, while bond yields approached their highest levels in years amid renewed inflationary pressures.

9/8/2026
People's Bank of China Expands Cross-Border Yuan Settlement Framework with Six New Countries
News

People's Bank of China Expands Cross-Border Yuan Settlement Framework with Six New Countries

The People's Bank of China expanded its yuan settlement framework in international trade by signing new agreements with six countries, as part of Beijing's efforts to internationalize its currency.

8/27/2026
China Widens Relending and Subsidises Consumer Loans, Not Broad Easing
News

China Widens Relending and Subsidises Consumer Loans, Not Broad Easing

The PBOC raised rural and SME relending quotas, subsidised consumer loan interest and narrowed its rate corridor to 50 basis points.

8/15/2026
Monetary Policy | 60 Arabia