Most Gulf markets in black ahead of Powell's speech

Most Gulf stock markets ended higher ahead of the Jackson Hole summit, as soft manufacturing surveys sparked hopes of a pause in policy tightening by central banks, although uncertainty in energy markets remained.

reuters.com

Relevant topic timeline:

8/21/2023

Fed Can’t Celebrate Yet as Investors Expect Rates, Inflation to Remain Elevated

The world's top central bankers meeting at Jackson Hole are concerned about lingering inflation challenges and uncertain policy tightening, which could lead to increased financial market turbulence and potential economic recessions.

8/28/2023

Major Gulf bourses fall on Fed chair's hawkish tone

Most stock markets in the Gulf ended lower due to a slightly hawkish outlook from the US Federal Reserve, with Abu Dhabi, Qatar, and Saudi Arabia experiencing declines.

8/28/2023

Stock Market News Today, 8/28/23 – Communication Sector Leads Stocks Higher - TipRanks.com

Stock indices finished the trading session in the green, with gains seen in the Nasdaq 100, S&P 500, and Dow Jones Industrial Average. However, Texas manufacturing experienced a downturn in August, and gas prices have slipped across the country. U.S. stock futures are trending higher, and traders are awaiting key economic releases and earnings reports this week. In Asian markets, indices ended higher, but Evergrande Group's shares plunged while Xpeng's shares rallied.

8/29/2023

Gulf stock markets end mixed as China boost lingers, oil volatile

Gulf stock markets ended mixed as China's measures to support its markets provided some relief, while energy market volatility weighed on sentiment.

9/3/2023

Major Gulf bourses fall amid China gloom

Most stock markets in the Gulf ended lower due to a contraction in factory activity in China, dampening investor sentiment.

9/4/2023

MIDEAST STOCKS-Gulf markets end lower amid volatile oil prices; Egypt gains

Most stock markets in the Gulf ended lower as investors grew cautious due to volatile oil prices and awaited monetary policy decisions by the US Federal Reserve.

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Posted 8/24/2023, 2:00:00 PM

Most Gulf markets in black ahead of Powell's speech

reuters.com

Relevant topic timeline:

8/21/2023

Fed Can’t Celebrate Yet as Investors Expect Rates, Inflation to Remain Elevated

8/28/2023

Major Gulf bourses fall on Fed chair's hawkish tone

Most stock markets in the Gulf ended lower due to a slightly hawkish outlook from the US Federal Reserve, with Abu Dhabi, Qatar, and Saudi Arabia experiencing declines.

8/28/2023

Stock Market News Today, 8/28/23 – Communication Sector Leads Stocks Higher - TipRanks.com

8/29/2023

Gulf stock markets end mixed as China boost lingers, oil volatile

Gulf stock markets ended mixed as China's measures to support its markets provided some relief, while energy market volatility weighed on sentiment.

9/3/2023

Major Gulf bourses fall amid China gloom

Most stock markets in the Gulf ended lower due to a contraction in factory activity in China, dampening investor sentiment.

9/4/2023

MIDEAST STOCKS-Gulf markets end lower amid volatile oil prices; Egypt gains

Most stock markets in the Gulf ended lower as investors grew cautious due to volatile oil prices and awaited monetary policy decisions by the US Federal Reserve.