Israel

A host of factors, both political and economic, have prompted us to take a bearish outlook on Israel's Tel Aviv 100 (TA100) equity index. The index, which closed the week on September... 2011-09-09

Our near-term outlook for the Israeli shekel is bearish. We expect the unit, which was testing support at ILS3.6300/US$, to depreciate against the greenback in the near term, and have... 2011-09-05

The Israeli shekel has depreciated sharply against the US dollar and euro concomitant with global risk aversion in financial markets, and we expect the currency to remain weak over... 2011-08-24

Global market turmoil has had an adverse impact on MENA equity markets, and we hold to our view that equities will continue to be roiled by both regional and global headwinds. The steep... 2011-08-09

The Bank of Israel (BoI)'s July 25 decision to leave its headline interest rate unchanged at 3.25% falls in line with our view that rate hikes will come more slowly over the coming... 2011-07-26

Our near-term outlook on the Israeli shekel is bullish. The unit has appreciated steadily against the US dollar since the middle of May, and we foresee the possibility of further gains... 2011-06-07

The outlook for Israel's Tel Aviv 100 equity index (TA100) is being weighed down by political risks, and we have changed our medium-term view on the index from cautiously optimistic... 2011-05-03

Since our last monthly market strategy update, technical indicators have improved for many of our regional favourites, and themes such as political risk and monetary policy remain dominant... 2011-04-13

In line with our view, the Israeli shekel, which was trading at ILS3.4660/US$ on April 5, has appreciated to multi-year highs, and we expect further appreciation over the coming months.... 2011-04-05

Despite the remarkable recovery of the Israeli economy in recent quarters, we are only cautiously optimistic on Israel's Tel Aviv 100 (TA100) equity index for the moment (see our online... 2011-03-24