Israel

The rebound in the dollar puts our bullish EGP and ILS views on hold temporarily, although longer term, our view is that the greenback will strengthen against the beleaguered euro... 2010-01-21

The Bank of Israel (BoI)'s decision to raise its headline interest rate for January by 25bps to 1.25% at its end-December meeting dovetails with our relatively hawkish call for 250bps... 2009-12-29

On a technical basis, Israel's Tel Aviv-100 Index (TA-100) continues to look good. Earlier this month, the index bounced strongly off support at around 870. It has since rallied,... 2009-09-29

The Tel Aviv-100 Index (TA-100) still has upward momentum, although with its trend channel narrowing at around 930, some form of break-out is inevitable over the coming months. Based... 2009-09-03

As we have been predicting, the Bank of Israel (BoI) has begun tightening monetary policy, making it the first central bank in the developed world to raise interest rates this year... 2009-08-25

Q2 GDP data reveals that Israeli growth is back in positive territory. We expect the recovery to continue, although we caution that growth is likely to remain negative for 2009 as... 2009-08-19

With the sell-off in the dollar against the euro over recent months, currencies in the region have been rallying of late. We have revised down our end-year US$/EUR forecast to US$1.45/EUR,... 2009-07-29

After a sharp appreciation in recent days, the Israeli shekel looks in line for some short-term retracement. We anticipate a move back towards levels of ILS4.00-4.15/US$ in the coming... 2009-05-21

The uptick in Israeli exports in March that we highlighted recently has proved short-lived, dashing hopes that it could have heralded a recovery for the export market. Preliminary... 2009-05-14

Israeli interest rates have hit a new all-time low, with the Bank of Israel (BoI) announcing on March 23 a 25 basis point (bps) cut to 0.5%. The move was not a huge surprise - the... 2009-03-24