Monday 7 May 2018

MIDEAST STOCKS-Largest Gulf markets edge down on worries about Iran, China-U.S. trade tensions | Reuters

MIDEAST STOCKS-Largest Gulf markets edge down on worries about Iran, China-U.S. trade tensions | Reuters:

"The main Gulf markets edged into negative territory on Monday, as uncertainty about an Iranian nuclear deal and Sino-U.S. trade tensions weighed on investor sentiment.

The clock is ticking down on a May 12 deadline United States President Donald Trump has set for Europeans to “fix” the deal with Iran over its nuclear program or he would refuse to extend U.S. sanctions relief for Iran.

Meanwhile, fears over trade tensions between the United States and China have been simmering for weeks."



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