Stock markets in the Gulf are in better shape today thanks to strong energy prices and improved risk sentiment among investors. However, markets in the region remain vulnerable to the effects of Powell's speech at Jackson Hole this week.

Oil prices continued their gains after the intervention of the Saudi Oil Minister and the significant decrease in inventories, according to figures from the American Petroleum Institute. However, the market is still exposed to new lows due to uncertainty around supply and demand levels.

The Dubai stock market could return to the upside after witnessing a wave of price corrections as the sentiment remains positive. The real estate sector continues to be a strong performer and could be an important support for the market.

The stock market in Abu Dhabi has stopped its losses and could reverse course. The market finds support in higher oil prices.

The Qatari stock market may see a return to the positive side thanks to the rise in natural gas prices. It is seeing a strong performance, reaching a new peak this year.

The Saudi stock market has been volatile after a few price corrections and is seeing some support from strong domestic fundamentals while mixed corporate earnings results are driving the market lower.

The Egyptian Stock Exchange witnessed some gains as local investors returned to the market after a wave of price corrections. The market may find some support from the improving sentiment in the area.