The Week Ahead - Regional Markets
As global political uncertainties persist due to the ongoing tensions between Russia and Ukraine, regional markets are likely to remain on their toes as a resurgence of COVID-19 cases in some East Asian and European countries complicates the process of global economic recovery. In spite of this, the elevated level of crude oil prices may provide support to the GCC equity markets.
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The US Federal Reserve increased its interest rate last week for the first time since 2018. In addition, the Fed indicated that it could raise interest rates at all of its remaining six meetings in 2022.
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