Analysis and market intelligence on fixed income, forex and equities in Asia, EMEA and Latin America

Economy / United Arab Emirates

Market Views Update: S-T Correction Possible

May 2009 | Market Alert

With phenomenal gains since we became bullish on March 18, we now think that the MENA stock markets may have got slightly ahead of themselves, and we could see some short-term correction. Most have come off this morning, and the almost vertical ascent of some of the bourses is a warning

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