UAE
07 November 2024
Our weekly analysis offering a strategic outlook for the coming week, along with key macro themes and trends impacting the GCC & Egypt region. The report also includes a recap on the past week, as well as a summary of the key data releases and macro events in the week ahead; along with macro chart packs covering the MENA & Global Markets.
Simon Ballard, Chief Economist
08 October 2024
In this edition we have reviewed the key primary and secondary market developments during the first nine month of 2024. YTD hard currency new issuances from the region now reached $108bn, the second highest level after FY 2020 in the regional market’s history. New issuance from Saudi Arabia this year is at the highest level ever for a single year and accounted 50% of total issuances from the region. The report provides a quick snapshot of market performance, relative value analysis, new issuance trend, overall size and composition of the GCC&E fixed income market etc.
Rakesh Sahu, Analyst
Chavan Bhogaita, Head of Client Outreach & Market Insights
14 August 2024
The fed fund futures market is currently pricing in 100bps of rate cuts by the end of this year, a degree of implied easing that, in the context of current macroeconomic metrics, we believe to be overdone. Moreover, a further four 25bp rate reductions are then priced in by the end of 2025. In this latest update to our Global Rates Outlook, we set out not only our thoughts on USD and GCC rates going forward, but also probe into the outlooks for the European Central Bank, the Bank of England and the Bank of Japan.
Simon Ballard, Chief Economist, Market Insights & Strategy
08 August 2024
By the end of this year more than 65 countries will have held national elections, including several of the world’s largest democracies such as India, Indonesia, UK and the US. But it’s the latter poll that contains the greatest element of risk from both a political and economic standpoint. In this short piece we explain why that is and what could be the most likely outcome.
Glenn Wepener, Chief Strategist, Market Insights & Strategy
20 June 2024
Oil prices had a mixed performance during the first half of this year, as traders attempted to digest various factors including geopolitical risks, OPEC+ actions, US output, a strong US dollar and demand uncertainty. In this note we analyze the current state of the crude market and its near-term outlook.
Glenn Wepener, Chief Strategist
09 February 2024
This interview was recorded on 9th Feb 2024, discussing various topics including; the outlook for the oil market & some key risks to watch for this year
Glenn Wepener, Chief Strategist
Our Global Markets team's analysis on the big stories of the moment across the region.
Our popular thrice-weekly geo-political and market related commentary of the MENA and Sub-Sahara regions.
Reports on a range of macroeconomic subjects with a particular focus on MENA and the region.
Daily views on key market movements, activity and sentiments directly from the traders in our Global Markets team. An on-the-pulse document that covers areas such as FX, rates, fixed income, derivatives, etc.
Weekly analysis that offers key macro themes and trends impacting the GCC and Egypt region.
