Global Finance: Saudi Bond Surge, EU Tariff Criticism, Gold's Record Run
The global financial landscape is abuzz with activity. Saudi corporations are driving Sukuk and bond issuance, while the EU's steel tariffs face criticism. Meanwhile, gold prices soar, and prominent figures share insights on business and consumer behaviour.
Saudi Arabia's corporate sector is leading a surge in Sukuk and bond issuance, fuelled by strong investor demand. This comes as the EU's steel tariff protectionism faces criticism for potentially harming global trade. In the tech sphere, Nscale has secured a significant $433 million pre-Series C SAFE round.
Gold prices have climbed above USD 4,000, driven by the ongoing US government shutdown and global market turmoil. Meanwhile, industry experts are weighing in on the future. Martin Newman, a renowned analyst, discussed the evolving landscape of consumer behaviour and business growth. Trent Gillespie, a tech entrepreneur, shared his playbook for driving business growth using artificial intelligence (AI).
On the stock market today front, the Dow Jones' uptrend structure remains robust. Looking ahead, this week's focus is on the US shutdown, the Federal Open Market Committee's (FOMC) minutes, and the performance of big tech companies. New York Climate Week 2025, themed 'Future Forward', is also set to draw attention.
The global financial and business sectors are witnessing a mix of growth, uncertainty, and innovation. Saudi Arabia's bond issuance, the EU's tariff policies, gold prices, and expert insights on consumer behaviour and AI are among the key developments shaping the market landscape. As the week unfolds, the US shutdown, FOMC minutes, and big tech performance will continue to be in focus.
