MIDEAST - Factors to watch - May 3

Kitco Media
By Reuters
Published:
Updated:
Reuters
DUBAI, May 3 (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 slide into Fed mode, shorts stalk banks
* Oil steadies ahead of expected interest rate hikes
* PRECIOUS-Gold hovers above $2,000 as Fed rate decision looms
* MIDEAST STOCKS-Most Gulf markets dip ahead of Fed rate meeting
* Ceasefire agreed after death of Palestinian hunger striker in Israeli custody sparks fighting
* Sudan's warring generals extend theoretical truce but keep fighting
* OPEC oil output falls on Iraq, Nigeria outages, Reuters survey finds
* TotalEnergies hires drilling rig to begin exploration in Lebanon's offshore block 9 - statement
* Iraq's crude production fell more than 6% in April -source
* Palestinian economic growth to slow in 2023 - World Bank
* Rich nations to meet overdue $100 bln climate pledge this year
* Iran oil production above 3 million barrels per day -oil minister [Iran oil production above 3 million barrels per day -oil minister ]
* Sudan conflict drives 100,000 over border amid crumbling ceasefires EGYPT
* Blinken and Egypt's foreign minister discuss Sudan ceasefire - State Dept
* Egypt's current account deficit narrows to $1.8 bln in July-Dec 2022 -cenbank
* Egypt's GASC buys 655,000 tonnes of wheat in tender
* Egypt non-oil activity contracts 29th month as optimism wanes SAUDI ARABIA
* TotalEnergies, Sinopec pitched for role in Saudi gas project -sources
* Saudi non-oil business activity surges in April, boosted by new orders-PMI
* Soccer-PSG will not renew Messi's contract after trip to Saudi Arabia- L'Equipe
* Sport-Ronaldo tops Forbes' highest-paid athletes list in 2023 after Saudi move UNITED ARAB EMIRATES
* Abu Dhabi's Mubadala to invest $500 mln in US internet firm Brightspeed
* BP to transfer assets into new East Med venture with ADNOC
* Emirates boss forecasts resilient demand, no hit from new airlines
* UAE's ADNOC swaps Fujairah for Ruwais as location for LNG export project
* UAE non-oil business activity surges in April on new business strength-PMI QATAR
* Hamas chief in talks with Egypt and Qatar to end Israeli 'aggression on Gaza' - statement (Compiled by Dubai newsroom)

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