Gulf stock markets showed mixed performance on Thursday amid growing expectations that the US Federal Reserve will cut interest rates next month. Meanwhile, the decline in oil prices was limited by a general increase in risk appetite. Markets reacted to signals of a possible monetary policy easing in the US, which typically positively affects risk assets. However, some investors remained cautious, pending official inflation data.
Mixed Gulf Stock Markets Amid Fed Rate Cut Expectations
Gulf stock markets displayed mixed performance on Thursday. Investors reacted to expectations of US Federal Reserve interest rate cuts, creating both positive sentiment and caution among traders. Oil prices, despite a general increase in risk appetite, showed a modest decline.