investors are seen at the dubai international financial market in dubai uae february 7 2018 reuterssatish kumar june 7 reuters  major gulf equities fell in early trade on tuesday mirroring a fall in its asian peers amid inflation fears ahead of us inflation data and central bank meetings in europe and the united states the reserve bank of australia raised interest rates by the most in 22 years and flagged more tightening to come as it battles to restrain surging inflation stunning markets and sending the aussie up briefly read more the main stock index in saudi arabia tasi retreated 05 weighed down by banking stocks with al rajhi bank 1120se losing 11 and the riyad bank 1010se dropping 15 separately saudi arabias gross domestic product grew 99 in the first quarter more than a flash estimate last month of 96 an official data showed on tuesday read more the qatari index qsi declined 06 as the gulfs biggest lender qatar national bank qnbkqa decreased 14 and commercial bank combqa slid 23 whereas gulf international services gissqa soared 8 after the company announced an interim agreement with manaya holding group for potential merger of its unit amwaj with shaqab in abu dhabi the index ftfadgi edged down 01 on track to extend its fifth straight session of losses dubais main share index dfmgi also fell 06 with emirates integrated telecommunications dudu slipping 13 and sharia lender dubai islamic bank disbdu losing 08 reporting by mohd edrees in bengaluru editing by shailesh kuber