Mideast Stocks: Factors to watch on June 1

World stocks set for 4th month of gains, yuan slips

  
An investor walks through the Dubai Financial Market in Dubai, United Arab Emirates, January 8, 2020.

An investor walks through the Dubai Financial Market in Dubai, United Arab Emirates, January 8, 2020.

REUTERS/Christopher Pike

DUBAI, - Here are some factors that may affect Middle East stock markets on Tuesday. Reuters has not verified the press reports and does not vouch for their accuracy.

INTERNATIONAL/REGIONAL

* GLOBAL MARKETS-World stocks set for 4th month of gains, yuan slips 

* Brent hits $70 on demand prospects of U.S. summer driving season

* PRECIOUS-Gold scales near 5-month peak on weaker dollar, inflation worries 

* MIDEAST STOCKS-UAE, Saudi indexes log monthly gain as Middle East markets end mixed 

* Israel's 'magician' Netanyahu faces final curtain after record run 

* OPEC+ likely to stick with current supply plan, sees orderly Iran return 

* EXCLUSIVE-Eni, BP in talks over oil and gas assets in Algeria

* Iran fails to explain uranium traces found at several sites -IAEA report 

* POLL-Turkish inflation seen at 17.25% despite cenbank's forecast 

EGYPT

* Egypt's M2 money supply up 19.1% year-on-year in April -central bank 

SAUDI ARABIA

* Saudi Arabia net foreign assets drop 1.9% to $436 bln in April 

* BRIEF-Saudi Tadawul Group Announces Listing Of Mohammed Hasan Alnaqool Sons On Parallel Market 

* Saudi Arabia's SAGO agrees to buy 562,000 tonnes of wheat 

UNITED ARAB EMIRATES

* Average price of Dubai crude rises in May to $66.314/bbl - sources 

* Dubai plans emissions-free public transport by 2050 

* MIDEAST DEBT-UAE sukuk standards slow issuance, distort prices, investors say 

QATAR

* Dispute over A350 paint job threatens Airbus deliveries to Qatar -sources 

* EXCLUSIVE-Qatar Petroleum hires banks to run 'jumbo' bond sale in June 

KUWAIT

* Kuwait's crown prince, oil min to visit Saudi Arabia on Tuesday - state media 

* BRIEF-Kuwait International Bank Reaches Agreement To Sell Its Total Exposure To NMC Healthcare

OMAN

* Oman crude OSP rises to $66.4/bbl for July

(Compiled by Dubai newsroom) ((dubai.newsroom@thomsonreuters.com))


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