“American fees” vary with admission and oil decline under the impact of Gulf Markets Performance
The performance of stock markets in the Gulf region is varied in early trading, with US President Donald Trump’s “customs duties”, under the influence of Steel and Aluminum, a trade war that moves markets in the latest chapters of the market war.
Investors are focusing on the speed of trade negotiations with the possibility of calling US President Donald Trump and Chinese Gi Jinping this week.
This was followed by Trump alleging China’s violation of a bilateral agreement last Friday, such as the cancellation of customs duties and commercial restrictions on some goods.
Oil prices have also fallen. Brent crude futures fell 0.3 percent per barrel via 06:44 GMT. In addition to continuous concerns about the expectations of the global economy due to trade tension, the OPEC+hitting prices are increasing.
The “Saudi index” rose 0.49 percent. The “Arab Pipe Company” stake increased 3.63 % during the initial trading. JP Morgan said on Tuesday, the Saudi Arabian state is preparing to issue $ 12.6 billion for the remaining year.
Emirates exchanges have also increased in early transactions, “Dubai Index” increased by 0.14 percent and “Abu Dhabi” 0.15 percent.
In Dubai, the Best Performance in the Dubai Commercial Bank Index increased 3.04 %. The indicator is on the way to record profits for the third session respectively.
When it comes to the “Qatar Index”, it fell 0.36 percent with a “Qatar Navigation Company (navigation)” with a 1.09 percent arrow; It has become the largest defeat in the index.
Data from the Ministry of Khatari showed a budget deficit in the first quarter of 2025 ($ 133.31 million) in the first quarter of 2025. The revenue was down 7.5 % from 49.9 billion reals, from the same chapter last year.
And Wednesday, June 4, on Wednesday, countries submit their best proposals to reach trade agreements with the United States to prevent high high customs duties imposed by Trump.
Forest fires in Canada, from last month, are expected to affect oil supply despite the temporary stop due to some rain. Reuters accounts suggest that Canadian forest fires have been affected by more than 7 percent in Canada’s oil production.
