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REUTERS SURVEY: Saudi Arabia's economy is forecast to grow 1.4% in 2026 and 6.0% in 2027, versus April survey forecasts of 2.6% and 4.5%.

2026-07-16

REUTERS SURVEY: Saudi Arabia's economy is forecast to grow 1.4% in 2026 and 6.0% in 2027, versus April survey forecasts of 2.6% and 4.5%.

Other News
2026-07-16

New York gold futures fell below $4,000 per ounce, down 1.65% on the day.

New York gold futures fell below $4,000 per ounce, down 1.65% on the day.
2026-07-16

French grid operator RTE said on Thursday net power exports reached 51 TWh in 1H 2026, up 36% year-on-year and 19% above the previous 1H record set in 2024. Exports were driven by a 4.6% YoY rise in generation—primarily from higher nuclear output and

French grid operator RTE said on Thursday net power exports reached 51 TWh in 1H 2026, up 36% year-on-year and 19% above the previous 1H record set in 2024. Exports were driven by a 4.6% YoY rise in generation—primarily from higher nuclear output and increased renewables—while domestic electricity demand was broadly stable. The resulting surplus of low-cost power is being exported across Europe; France’s large nuclear fleet has also helped blunt the impact of global gas-price increases linked to the Middle East conflict on domestic power prices.
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