Tehran, Muscat to Expand Trade Ties
In an online meeting between the Head of TPOI and the Omani deputy minister of commerce, the two sides discussed the development of mutual trade.
Gold Price Analysis: target a run to weekly support at $1,765
Gold is testing the bear's commitments at the resistance structure. Weekly support could be their target if bulls capitulate at this juncture.
Iran’s steel, mineral exports to China top $1.2bn in 9 months
Gold historically has (rarely) been broadly categorized as “overbought” vis-à-vis currency debasement, our arguing such case in price “having gotten ahead of itself” back in 2010-2011 as graphically depicted in the above millennium-to-date panel.
Economic Data, EUR in the Spotlight
It’s a relatively quiet day ahead on the economic calendar. Economic data from the Eurozone and U.S stimulus talk will be in focus.
Brent approaches $60 per barrel as supply cuts, stimulus hopes lift prices
Brent crude for April touched a high of $59.95 a barrel and was at $59.85 by 0041 GMT, up 51 cents, or 0.9%. Front-month prices last hit $60 on Feb. 20, 2020.
Tehran, Islamabad Urged to Set Up a Joint Special Trade Zone
Pakistan Ambassador to Tehran Rahim Hayat Qureshi in meeting with Iranian lawmaker Fadahossein Maleki called for the establishment of a joint special industrial and trade zone.
Tehran, Damascus Call for Establishing Joint Bank
senior officials from the Syrian ministries of Finance, and Economy and Trade, in which the two sides stressed accelerating the process for establishing an Iran-Syria joint bank.
Webinar on Vietnam Trade Capacities Held
The Trade Promotion Organization held a webinar on the trade capacities of Vietnam where the participants reviewed ways of cooperation.
Gold price to hit record highs in Q2 as retail demand picks up, says Standard Chartered
Even though gold has been stuck in a narrow trading range for the past month, Standard Chartered still sees the precious metal hitting new all-time highs in the second quarter of this year.
Tehran-Islamabad High Trade Capacity
Director-General of the Asia-Pacific Office at Iran’s Trade Promotion Organization (TPO) Seyed Reza Seyed Aghazadeh believes the capacity for trade between Iran and Pakistan is high.