MIDEAST – Factors to watch – January 24

DUBAI, Jan 24 (Reuters) – Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch for their accuracy.


* GLOBAL MARKETS-Weak data, earnings drag stocks lower; oil falls MKTS/GLOB

* Oil falls on China’s COVID-19 cases, high crude build O/R

* MIDEAST STOCKS-UAE markets end lower as COVID-19 cases surge; Saudi muted PRECIOUS-Gold falls more than 1% on firm dollar but on course for weekly gain ANALYSIS-What will survive of U.S. Middle East policy under Biden? Iran’s oil exports rise ‘significantly’ despite sanctions, minister says Turkey’s Erdogan says “absolutely” against high interest rates Morocco gets 2 mln AstraZeneca vaccine doses, first big shipment to Africa EXCLUSIVE-Iraq cuts supplies for most Indian refiners in 2021- sources Iran to begin COVID-19 vaccinations in coming weeks- President Rouhani U.S. State Dept says working to conclude Houthi terrorist designation review Sisi says Egypt to begin COVID-19 vaccinations on Sunday Egypt’s GASC buys 6,000 tonnes of local soyoil in tender, traders say ARABIA

* Saudi-led forces thwart attack by Yemen’s Houthis – Al-Hadath TV Saudi Arabia expects ‘excellent relations’ with Biden administration Saudi unemployment dips slightly to 14.9% in third quarter, data shows Saudi embassy in Doha will reopen ‘in days’ – Al Arabiya quotes minister ARAB EMIRATES

* Denmark halts UAE flights for five days over COVID-19 UAE confirms it inked $23 bln deal to buy F-35 jets, drones from U.S. ANALYSIS-Surging cases strain UAE’s open for business COVID strategy Bahraini minister criticises Qatar despite accord to end rift BRIEF-Central Bank Of Kuwait Allows Banks To Distribute 2020 Dividends BRIEF-Agility Public Warehousing Refinances And Increases Credit Facility Line Bahrain gets $2 billion in bond sale after deficit spike

Source link

more recommended stories