Mideast Stocks – Factors to watch on November 8
- Date: 08-Nov-2020
- Source: Zawya
- Sector:Financial Markets
- Country:GCC
Mideast Stocks – Factors to watch on November 8
* Oil falls 4% as U.S. vote count continues, coronavirus cases rise* MIDEAST STOCKS-Qatar leads most Gulf markets higher; Saudi bourse flat * PRECIOUS-Gold eyes best week since July on easing dollar, U.S. elections * Biden wins U.S. presidency, calls for healing in appeal to Trump voters* Turkey's Erdogan ousts central bank governor after steep lira slide* U.S. imposes sanctions on Lebanese president's son-in-law * Despite Trump-Erdogan ties, Turkey says it will work with whoever wins U.S. vote * Arabs doubt Biden will herald change in the Middle East* In Israel, Biden could differ with Netanyahu on Iran and settlements * Iran hopes for a change in 'destructive U.S. policies' after Biden win * Palestinians welcome Trump exit, but are cautious about Biden * Dealing with Trump presidency nemesis Iran won't be 'quick, easy' for Biden * OPEC