USA News

Three Saudi citizens were killed in attacks on King Khalid International Airport and a Saudia Airlines aircraft, the civil aviation authority reported. Attacks, linked to ongoing hostilities with Iran-backed Houthi rebels, resulted in multiple injuries among individuals of various nationalities. Capt. Hamoud Ali Alkalthami was identified among the deceased.

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The pound’s recent strong rally has slowed, with traders looking for direction in a quiet week for UK economic data. Sterling is down 0.2% against the dollar, trading around $1.311, after losing over 1% in the past five days. 

The dollar is near a two-week high ahead of key US data, including manufacturing PMI and Friday’s jobs report. These figures will influence whether the US Federal Reserve cuts rates by 25 or 50 basis points in September.

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