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Most Gulf markets gain in early

trade; Saudi falls

By Reuters
November 14, 202412:39 PM GMT+4Updated a day ago

Traders are seen at Bahrain Bourse in Manama, Bahrain, September 16, 2019. REUTERS/ Hamad I Mohammed/File
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Nov 14 (Reuters) - Most stock markets in the Gulf edged higher in early trade on Thursday
as investors assessed the monetary policy and inflation outlook in the world's largest
economy.

Traders responded to a U.S. inflation print that was in line with expectations by ramping up
bets on a Federal Reserve rate cut next month. FEDWATCH

Markets are now pricing in an 83% chance of a 25 basis-point rate cut from the Fed next

month, up from about 59% a day ago, according to the CME FedWatch tool.
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https://www.reuters.com/world/middle-east/most-gulf-markets-gain-early-trade-saudi-falls-2024-
11-14/