‘ The U.S. Federal Reserve’s decision to cut its benchmark rate by 25 basis points to 3.50%–3.75% has injected fresh optimism into global equity markets, though the tone remains cautious. U.S. indices such as the S&P 500 and Nasdaq rallied near record highs, supported by lower discount
Hamza Dweik
Hamza Dweik, Head of Trading and Pricing (MENA), Saxo Bank“The imposition of tariffs has the potential to significantly impact the UAE and GCC countries, even if they’re not directly targeted. Given their reliance on oil exports, any global economic slowdown triggered by these tariffs could lead to a drop in oil prices, straining their economies.











