Economy / United Arab Emirates
Bullish Stock View On Hold For Now
March 2009 | Market StrategyWith Asian markets having corrected somewhat overnight, and global sentiment hanging in the balance as the world awaits the outcome of the G20 summit this week, we put our bullish MENA stocks view on hold for now. However, our global team still believes that we could see a bullish monthly close for global markets - albeit the chances of this are somewhat diminished in the wake of negative news on General Motors and profit taking - and if this plays out, then our positive view on MENA stocks would likely be back on. As we pause to see how global
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