you are currently viewing::Mideast Stocks: Gulf bourses trade lower ahead of key Fed speechAugust 20, 2025--The Qatari benchmark index slipped 0.6%
Powell's speech at the annual Jackson Hole symposium on Friday is the main focus, with traders watching for any push-back against market pricing of a rate cut next month. Shifts in U.S. monetary policy have a significant impact on Gulf markets, where most currencies are pegged to the dollar. Source: zawya.com |
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