Monday 18 May 2015

UPDATE 1-MIDEAST STOCKS-Gulf markets mixed, Qatar MSCI picks pull back | Reuters

UPDATE 1-MIDEAST STOCKS-Gulf markets mixed, Qatar MSCI picks pull back | Reuters:



"Gulf stock markets were narrowly mixed in early trade on Monday after the Saudi-led coalition resumed air raids against Yemen's Houthis and global equities slipped on concern about economic growth in the United States.



Brent crude oil rose above $67 per barrel on Monday on supply worries following fighting in Iraq and Yemen, but signs of strengthening U.S. production have capped gains.



Meanwhile, Asian shares slipped on Monday after soft data raised doubts over whether the U.S. economy has been growing despite U.S. share prices standing at historic highs."



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