Following the end of a horrible week for petroleum importers (not to mention shale producers) despite WTI briefly dipping under $40 (wasn’t this supposed to be great news for the US economy?) we have the start of a just as ugly week for the Persian Gulf oil exporters, whose Sunday market open can be described as a continuation of last […]
Bank of America Merrill Lynch analysts have just published a fantastic map showing which major US listed companies are worth more than entire emerging market stock indices.Take a look:BAMLThe authors offer this explanation of the “the journey from hubris to humiliation” that emerging market equities have undergone: Back in late 2010, when Sepp Blatter announced that Russia & Qatar would follow […]
Related MESMiddle East ETFs and IranMiddle East Volatility Affecting ETFsSaudi Arabia’s stock market opens to foreigners(Seeking Alpha)Related GULFMiddle East ETFs and IranMiddle East Volatility Affecting ETFsSaudi Arabia’s stock market opens to foreigners(Seeking Alpha)Pictured above: Saudi investor monitors the stock exchange at the Saudi Stock Exchange, or Tadawul, on June 15, 2015 in the capital Riyadh. FAYEZ NURELDINE/AFP/Getty Images.The Kingdom of […]
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What does the size of a country’s market tell you about a country’s economy and its standard of living?That’s a question frontier markets strategist Andrew Howell aimed to answer in Citi’s massive new report on global public assets.”Governments should encourage the growth of equity markets, because they tend to be associated with economic development,” Howell wrote. “Whether or not […]
At a surprise press conference on Tuesday, Sepp Blatter resigned as president of FIFA amid a growing corruption scandal.This shocking move came just days after he was re-elected for a fifth term.All of these political change-ups have sent Qatar stocks into a tizzy since Blatter’s resignation could mean bad news for the Qatar 2022 World Cup.Investing.comThe Qatar Exchange IndexThe Qatar […]
Dubai stocks fell 7.4% on Thursday, the worst one-day drop for that market since 2009 as oil price declines hammer the outlook for the country.Here’s the ugly chart of Thursday’s action, which wrapped up trading at 5 a.m. ET.Bloomberg.comThursday’s drop also wiped out almost all of the remaining gains seen by Dubai’s stock market since the start of February as […]
QEIt’s been a wild ride for investors on the Qatar Exchange over the last couple of years.Between July 2012 and the start of this month, the market’s main index rose by nearly two-thirds and reached an all-time high. But then, share prices started to decline, with the index plunging more than nine percent this month alone.So what’s going on in the […]
Below is a look at the quarter-to-date and year-to-date stock market performance for 75 countries around the world. So far this quarter, the average change for the 75 countries shown has been +1.12%. For the year, the average country is up 4.76%. In 2013, the US found itself in the top half of the list in terms […]
The economic benefits of big data are no longer just hype—but many developing economies are set to miss out on them, according to a new report from the World Economic Forum.Data sets are “a new form of asset class,” which, with the right analysis, can be translated into economic wealth, say the authors of the 13th Global Information Technology Report. […]
