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Email this article: Market buying opportunity disappeared, says Gary Dugan
Posted: Wed March 14, 2012 2:03 pm
UAE. Market setback was short-lived with not enough good news in the pipeline for a break out to the upside; We prefer Russia and China in emerging markets; Watch out in case US bond yields break to the upside; Dubai's DFM has opportunity and volatility.
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UAE. The YPO Global Pulse Confidence Index for the Middle East and North Africa declined for the fifth consecutive quarter, falling nearly one point to 56.4, below the global confidence level of 58.0; Economic confidence in the UAE fell 7.2 points to 50.3, its lowest score in the six-year history of the index.
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