Stability returns to UAE markets with strong Q2 earnings | The National:
"Last month volatility increased in global markets because of concerns of additional sanctions against Russia and problems in Portugal’s banking system, among other factors. By the end of the month, the CBOE Volatility Index, key measure of market expectations of near-term volatility conveyed by S&P 500 stock index option prices, was at its highest level since April and bond yields had surged.
However, central bank policies remain an overriding calming factor. Liquidity in the system remains ample and loose monetary policies have helped to keep the equity market’s response to increased geopolitical tensions in check.
Emerging markets continue to recover this year after a difficult 2013. Last month the MSCI EM50 Index was up 2.8 per cent, bringing year-to-date gains to 8.4 per cent. Dubai (up 46.5 per cent), Egypt (up 32.1 per cent) and Qatar (up 29.4 per cent) have been the best-performing markets so far this year."
'via Blog this'
No comments:
Post a Comment