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Dubai stocks led losses across Gulf markets after U.S. President Trump said his ceasefire agreement with Iran was over following fresh Iranian attacks on vessels in the Strait of Hormuz. XTB MENA analyst Milad Azar said sharp falls in UAE and Qatari

2026-07-08

Dubai stocks led losses across Gulf markets after U.S. President Trump said his ceasefire agreement with Iran was over following fresh Iranian attacks on vessels in the Strait of Hormuz. XTB MENA analyst Milad Azar said sharp falls in UAE and Qatari equities reflect a repricing of geopolitical risk rather than changes to economic fundamentals, with rising regional tensions prompting investors to cut exposure and trigger broad selling of financials and blue chips. Dubai Financial Market General Index -1.5%; Qatar QE Index -0.8%; Abu Dhabi ADX -0.6%.

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2026-07-08

Flight-tracking service data show persistent heavy rain from a typhoon's outer circulation prompted weather warnings across South and East China on July 8 and produced varying degrees of flight disruption. Shenzhen Bao'an, Wuxi Shuofang and Zhuhai Ji

Flight-tracking service data show persistent heavy rain from a typhoon's outer circulation prompted weather warnings across South and East China on July 8 and produced varying degrees of flight disruption. Shenzhen Bao'an, Wuxi Shuofang and Zhuhai Jinwan reported widespread delays, with up to 85% of flights delayed; Haikou Meilan, Guangzhou Baiyun, Nanjing Lukou and Jieyang Chaoshan experienced localized delays.
2026-07-08

Spot silver fell 4.00% intraday, currently trading at $57.58 per ounce. New York silver futures touched $58 per ounce, down 5.45% intraday.

Spot silver fell 4.00% intraday, currently trading at $57.58 per ounce. New York silver futures touched $58 per ounce, down 5.45% intraday.
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