Most Gulf markets extend gains on dovish Fed bets
Most stock markets in the Gulf ended higher on Monday, extending gains as investors ramped up their bets for an imminent end to U.S. interest rate hikes.
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Most stock markets in the Gulf ended higher on Monday, extending gains as investors ramped up their bets for an imminent end to U.S. interest rate hikes.
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Most major stock markets in the Gulf rose in early trade on Thursday after U.S. inflation and economic data boosted hopes that the Federal Reserve may have fewer interest rate hikes in store, although the Saudi index bucked the trend.
Most major stock markets in the Gulf rose in early trade on Wednesday ahead of U.S. inflation data that could provide clues to the Federal Reserve's rate hike path going ahead.
Most stock markets in the Gulf ended higher on Wednesday, as traders awaited a crucial U.S. inflation reading to determine whether the Federal reserve is at the end of its rate hike cycle.