The second-wave sell-off – Saudi Gazette

The second-wave sell-off – Saudi Gazette

Fear of another global shutdown will likely push risk investors to the sidelines this week.. The recovery in Chinese industrial production fell short of analyst expectations in May, as retail sales and fixed asset investment declined more than expected.. The People's Bank of China (PBoC) maintained the MLF rate unchanged for the second straight month.. The FTSE is expected to pull out the 6000p support and the S&P500 should open and consolidate below the 3000 mark, as bank and energy stocks will likely come under an accrued selling pressure.. Nasdaq Dubai welcomes listing of $1 billion Sukuk by Dubai Islamic Bank.