Stock markets in the Middle East continue to hold a modest edge over US equities in the year-to-date horse race for regional stock-market performances. The gap is closing, however, in favor of American shares after a bout of weakness in Middle Eastern prices, based on a set of exchange-traded funds.
Continue reading →

Carolinas brace for Hurricane Florence: CNN
Hong Kong prepares for Super Typhoon Mangkhut: South China Morning Post
US seeking to restart trade talks with China: CNBC
European Parliament votes to sanction Hungary: Reuters
US jets intercept Russian bombers near Alaska for 2nd time this month: BI
Trump’s high disapproval rating contrasts with strong US economy: Bloomberg
Bridgewater’s Dalio: US recession likely within 2 years: Bloomberg
Business inflation expectations steady at 2.2% in Sep: Atlanta Fed
Fed: some businesses delay investment due to trade concerns: Reuters
Wholesale inflation in US continues to weak for annual pace: MarketWatch