OPEC+ Near Delay of Planned Crude Production Hike | Horizons Middle East & Africa 09/05/2024

A slowdown in US job openings has bolstered bets on steep Fed rate cuts. Also on the show: OPEC+ delegates have told Bloomberg they’re close to an agreement on delaying a planned increase in oil production; Israel’s Strategic Affairs Minister says the government is open to negotiating control of Gaza’s border with Egypt; IMF says it sees a strong economic outlook and robust non-oil growth for Saudi Arabia; Real wages in Japan have risen for a second consecutive month; Ukrainian President Volodymyr Zelenskiy is set to nominate Andrii Sybiha to become the new foreign minister; China’s President Xi Jinping has vowed to provide Africa with $50B in financial support; Bloomberg has learned JPMorgan is establishing a private banking team in Dubai. Guests include: Altaf Kassam, State Street Global Advisors, MD & Head of EMEA Investment Strategy & Research; Amine Mati, IMF Saudi Mission Chief; and Hiromi Ishihara, Amundi Japan, Equity Investment.

00:04:36 Altaf Kassam, State Street Global Advisors, MD & Head of EMEA Investment Strategy & Research
00:11:39 OPEC+ close to delaying oil supply increase
00:15:34 Israel open to negotiating Gaza-Egypt border
00:19:41 Amine Mati, IMF Saudi Mission Chief
00:27:02 Hiromi Ishihara, Amundi Japan, Equity Investment Head
00:32:34 Zelenskiy picks new foreign minister
00:37:17 China’s Xi promises $50B Africa support
00:42:56 JPMorgan to set up private banking team in Dubai

Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.
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