Factors to watch - September 28
DUBAI, Sept 28 (Reuters) - 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.
* GLOBAL MARKETS-Asia markets slugged by recession risk, dollar strength
* Oil prices mixed as Hurricane Ian output cuts support, dollar weighs
* PRECIOUS-Gold prices drop on firmer dollar, hawkish Fed talk
* MIDEAST STOCKS-Most Gulf markets rebound; Abu Dhabi extends losses
* Russia seen suggesting OPEC+ cuts oil output by 1 mln bpd - source
* Europe investigates 'attacks' on Russian gas pipelines to Europe
* Egypt bought 3.5 million tonnes of wheat since the start of current fiscal year - minister
* Egypt posts 85.4% increase in tourist arrivals in first half of 2022 - CAPMAS
* Egypt's import squeeze hobbles economy as dollars run short
* Saudi king names crown prince MbS as prime minister
* Saudi Arabia's wealth fund hires banks for debut green bonds
* Saudi NEOM's tech unit rebrands, invests $1 bln in 2022 -CEO
* Saudi Arabia's Acwa Power targets 120 gigawatts of power capacity in next 10 years (The National)
* Qatar Investment Authority launches new market making initiative
* U.S. OKs potential sale of rounds for Abrams tanks to Kuwait (Compiled by Dubai newsroom)
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.