Mideast Stocks: Factors to watch on June 10

SourceZawya
SectorFinancial Markets
CountryMiddle east

DUBAI – Here are some factors that may affect Middle East stock markets on Thursday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL * GLOBAL MARKETS-Asian shares hold range as investors eye U.S.

CPI * Oil skids as start of U.S. summer driving season fails to lift fuel demand * PRECIOUS-Gold subdued with focus on U.S. data, meeting * MIDEAST STOCKS-Most major markets end higher on oil price gains; Dubai dips * Resigned to a nuclear deal revival, Gulf engages with foe Iran * Biden, Putin set to meet in 18th-century Swiss villa for summit * ANALYSIS-As Fed taper looms, global central banks eye their own exits from stimulus * U.S. says Iran nuclear talks to resume over the weekend * Algeria upgrades economic growth to 4.2% this year * Libya’s Waha Oil to ramp up ouput after fixing pipeline leak – oil source EGYPT * Egypt and Sudan urge Ethiopia to...read more...