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News Oil settles lower on Friday   Gold surges at Friday’s finish    EU may launch $110bn SWF to support European tech firms Powell blames global uncertainty on Trump's trade wars Huawei projects US curbs to slash smartphone sales by $10bn US new house sales drop in July Sterling could gain appeal if dropped to $1.17–Report China slaps retaliatory tariffs on $75bn US imports Trump’s new tariffs to knock China’s growth below 6%-Survey US fines Deutsche Bank $16m on overseas corruption charges Apple to debut 3 new iPhones in 2019 Eurozone bond yields advance to 1-week peak before Powell’s speech European share markets edge higher ahead of Fed chief’s speech Gold edges down amid anticipations for Fed head’s speech Oil edges up early Friday ahead of Powell’s speech Japan’s inflation remains unchanged in July Oil prices decline at Thursday’s finish Gold ends lower on Thursday   UK pound hits 3-week high on Merkel’s Brexit remarks Fed’s July rate cuts seen unrequired–Kansas City bank’s head Saudi gov’t appoints 1st ministerial spokeswoman IMF warns C.banks against rate cuts, currency interventions US natural gas storage grows; futures rise Boursa Kuwait’s indices fall in week; liquidity soars 129.5% China vows to retaliate against any fresh US tariffs Boursa Kuwait closes Thursday lower for 3rd session in row US jobless claims fall in mid-August ECB weighs stimulus bundle to counter slowdown –minutes Chinese yuan hits new 11-yr low on trade fears GGF invests $15m on EE and RE projects in Bank Audi Gold falls on profit-booking; Fed’s summit in focus KAMCO receives CMA’s approval to capital restructuring Oil rises on US stockpile decline; Fed’s seminar in focus German private sector’s weakness persists in August Eurozone economic growth remains subdued in August NBK - Material Information Disclosure NBK-Egypt profits until the end of 1H 2019 Bahraini Banks’ profits grow 5% in Q2-19 Al Futtaim Engineering inks strategic deal with MEFMA Japan’s factory activity shrinks for 4th straight month in August Boursa Kuwait opens Thursday’s session down Companies suspended from trading Oil settles lower on Wednesday      Gold finishes unchanged on Wednesday Fed staff recommends avoidance of preset course for interest rates Kuwaiti developers’ profits nearly halve in Q2-19 US budget deficits to expand more than expected in decade Germany issues first zero-coupon 30-yr bonds for first time Kuwait’s CMA approves Global Investment House capital cut US existing home sales rebound on lower interest rates US crude stockpiles fall 1.6m barrels as oil futures jump