Israel

Middle Eastern and African sovereigns are still enjoying a strongly supportive external environment, but micro challenges are beginning to build. Fundamental global economic strength... 2007-06-14

We see some technical correction ahead for the shekel, after it hit our long-held target of ILS4.000/US$ on April 26. Not only was this a key resistance level, but we also see scope... 2007-05-03

EM correction? What EM correction? Investors in Middle Eastern and African (MEA) credits can be forgiven for downplaying the February global correction that dented developed and developing... 2007-03-30

Our short-term call for an end to the shekel rally has played out (See ILS/US$ Overextended S-T October 11, or Shekel Rally To Pause October 16 on our online service). The unit has... 2006-10-19

We maintain our immediate-term cautious view on the Israeli shekel in light of recent inflation data. Israel's consumer price index posted a 0.9% m-o-m fall in September, the largest... 2006-10-16

The shekel has shown characteristic resilience to political risk over the past month, posting net gains since Hizbollah kidnapped two Israeli soldiers on July 12 and the consequent... 2006-08-17

Our view that the end of the March 28 elections could be the turning point for the Israeli shekel has played out, with the unit having risen by 5.6% since the beginning of April.... 2006-05-05

The shekel has been trading consistently lower since we expressed caution in our last forecast, and we stand by our view that it will remain subdued, at least until the March 28 parliamentary... 2006-02-16

Israel-ShekelIsrael-TA-100

We are reluctant to draw any long-term conclusions too quickly from the news that Islamist militant group Hamas appears to have won yesterday’s Palestinian parliamentary elections.... 2006-01-26