MIDEAST - Factors to watch - April 5

Kitco Media
By Reuters
Published:
Updated:
Reuters
DUBAI, April 5 (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. INTERNATIONAL/REGIONAL
* GLOBAL MARKETS-Stocks struggle as US jobs dry up, kiwi leaps on RBNZ surprise
* Oil prices edge up as OPEC+ output cuts, U.S. inventories brighten outlook
* PRECIOUS-Gold at over one-year peak as weak US data buoys demand
* MIDEAST STOCKS-Saudi bourse gains on higher oil prices
* ANALYSIS-OPEC+ in driver's seat as oil supply growth lags demand
* OPEC+ cuts put $100/bbl oil back in sight
* OPEC+ cut risks straining tight oil market, says IEA
* Goldman sees elevated OPEC pricing power, $100 per barrel by April 2024 after supply cut
* POLL-Emerging market currencies to gain as U.S. Fed nears endgame
* Iraq agrees to 30% stake in TotalEnergies $27 bln energy project
* Baghdad, Erbil sign temporary deal to restart northern oil exports
* Jordan issues $1.25 bln Eurobonds at 7.5% oversubscribed six times
* Branson's Virgin Orbit files for bankruptcy after launch failure squeezed finances
* China slows reviews of mergers involving US companies - WSJ
* U.S. imposes sanctions on Lebanese brothers over corruption EGYPT
* Egyptian treasury bond sales plummet on currency concerns
* USDA attache sees Egypt's 2023/24 wheat imports at 10.8 mln T
* Minor incident in Egypt's Suez Canal, traffic unaffected - chairman SAUDI ARABIA
* ANALYSIS-Saudi crown prince acts to realign Mideast dynamics amid concern over US support UNITED ARAB EMIRATES
* UAE non-oil activity rebounds in March; new orders spur jobs growth-PMI
* UAE president, Israeli PM discuss strengthening ties in phone call -UAE state media
* Abu Dhabi's AD Ports signs $2 bln syndicated bank facility
* ANALYSIS-UAE plans long-term economic ties with Israel despite political strains KUWAIT
* Kuwait's Agility secures derivative transaction with banks to hedge DSV investment (Compiled by Dubai newsroom)

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