Global market weakness could impact the GCC region
22 May 2022 | Admin
The Week Ahead - Global Markets
On the one hand, global investors continue to track the war in Ukraine and its geopolitical implications, which have led to soaring food and energy prices worldwide. On the other hand, they are looking for more signs this week that point toward the market bottom, thus seeking buying opportunities. Apart from global recession fears, specific upcoming US economic data like the Federal Reserve’s minutes from last week’s meeting, first-quarter GDP data, and PCE data may result in more market volatility.