GDP

Gold prices reached a record high of $2,483.60 last week as markets expected a 25-basis-point U.S. interest rate cut by September

The bank noted that "the current monetary stance is appropriate to support the sustained moderation of inflation."

For the Middle East and Central Asia, oil production and regional conflicts continue to weigh on prospects

Kuwait maintained crude oil production at 2.55 million barrels per day in line with its OPEC+ production cut obligations
