Mideast Stocks: Factors to watch on July 29 – ZAWYA

Mideast Stocks: Factors to watch on July 29 – ZAWYA

Mideast Stocks: Factors to watch on July 29 Dollar teeters, gold takes a breather as markets await    An investor looks up at electronic display boards at the Dubai International Financial Market, March 21, 2010. Image for illustrative purposes.DUBAI - Here are some factors that may affect Middle East stock markets on Wednesday. Reuters has not verified the press reports and does not vouch for their accuracy.INTERNATIONAL/REGIONAL* GLOBAL MARKETS -Dollar teeters, gold takes a breather as markets await Fed * Oil rises after surprise drop in U.S. inventories offsets demand concerns * MIDEAST STOCKS-Kuwait shares rise on broad-based gains; others little changed * PRECIOUS-Gold steadies on virus fears, stimulus bets; Fed meet eyed * Burst of selling hits Turkish lira after two steady months * Iran holds annual Gulf drill amid rising tensions with U.S. * Saudi Arabia proposes political resolution to Yemeni govt, but no deal to end standoff * Lebanese PM urges caution, Israel vows to defend itself amid border tension* U.N. still waiting for Houthi approval to visit decaying oil tanker off Yemen * Iran registers a record 235 coronavirus deaths in 24-hour period * INSIGHT-End game for oil OPEC prepares for an age of dwindling demand