Oil drops after 4% jump
The dollar prices rose to their highest level in two months due to inflation concerns and rising interest rates, while the price of gold in the UAE fell to 516.25 dirhams per gram of 24 carats, after its previous surge that exceeded 4% in oil prices. Meanwhile, Turkish Airlines is expanding its fleet by 150 Boeing 737-8 Max aircraft. In Indian markets, the first major IPO assessment test was conducted after activity levels reached their highest in three months in September. Additionally, the upcoming summit between Washington and Moscow faces complex economic issues, while the second-largest IPO in India is encountering valuation challenges.
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