Technical Analysis Update: Tadawul All Share Index (TASI) - Saudi Arabia ETF (KSA)
Article By:
Bruce Powers CMT
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Wednesday, December 11, 2019 2:48 PM EST
Saudi Arabia stock markets signals a bullish trend reversal as it comes out of a head and shoulders bottom formation. This signals a continuation of the long-term upward sloping trend channel with the potential for eventual multi year highs.
In this article: KSA
South Africa's Inflation Level Remains On Target
Article By:
Daily Forex
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Wednesday, December 11, 2019 11:00 AM EST
South African inflation level went down to 3.6 percent, after being at 3.7 percent in October, the lowest figure in a decade.
Aramco Stock Soars Limit Up In Debut After Saudis Force Locals To Buy
Article By:
Tyler Durden
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Wednesday, December 11, 2019 6:20 AM EST
Saudi Arabia's oil company Aramco soared 10% limit up on its first day of trading, reaching a valuation of $1.88 trillion, higher than any other publicly traded company in the world.
Polyethylene’s Crisis Will Create Winners And Losers
Article By:
Paul Hodges
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Sunday, December 8, 2019 12:26 PM EST
The Polyethylene market is moving from boom to bust. Non-integrated producers are particularly at risk as margins fall - and go negative in some markets. Investors need to check their portfolios to avoid holding potential loser companies..
An Eventful Week Ahead
Article By:
Marc Chandler
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Saturday, December 7, 2019 4:30 PM EST
The US employment report on the first Friday of December usually marks the unofficial end of the year. The desks are often lighter and dealers are loath to jeopardize the year’s bonuses in thin and often erratic markets. This year is an exception.
Next Week's Key Events In EMEA And Latam
Article By:
ING Economics
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Saturday, December 7, 2019 5:00 AM EST
A packed calendar in EMEA next week - the focus will be on Turkey's and Russian's central bank meetings which should result in a cut following lower than expected inflation numbers.
UAE Private Sector Tanks To 10-Year Low Amid Recession Fears
Article By:
Tyler Durden
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Friday, December 6, 2019 5:50 AM EST
IHS Markit UAE Purchasing Managers' Index (PMI) printed at 50.3 in Nov. from 51.1 in Oct., hitting the lowest level since Aug. 2009 and on the threshold of declaring a contraction in growth.
The Christmas Comeback
Article By:
Phil Flynn
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Wednesday, December 4, 2019 10:16 AM EST
Oil prices are coming back from the Black Friday massacre as, along with OPEC plus optimism, the American Petroleum Institute (API) gives the algorithms a reality check.
Will We See A Santa Rally In 2019?
Article By:
Adam Vettese
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Monday, December 2, 2019 9:21 AM EST
December is here once again and the question many investors will be asking is will we see seasonal gains this month, or a ‘Santa Rally’ as it is often referred to.
The Dollar Continues To Flirt With Key Chart Points
Article By:
Marc Chandler
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Sunday, December 1, 2019 10:35 AM EST
The markets continue to seem optimistic. The strength of US flash PMI offered a contrast of most high-income regions. The S&P 500 and the Dow Jones Stoxx 600 advanced last week after falling the previous week for the first time since early October.
Key Events In EMEA And Latam
Article By:
ING Economics
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Saturday, November 30, 2019 1:04 PM EST
A busy calendar next week in EMEA.
ATMs Spitting Back Bank Cards In Lebanon As "Dollars Have Virtually Disappeared"
Article By:
Tyler Durden
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Monday, November 25, 2019 5:46 AM EST
ATMs in Lebanon have been spitting back bank cards, refusing to provide dollars to those who ask for them, though people here have long used the American currency alongside the Lebanese pound.
Portugal Shows The Way To Climate Neutrality By 2050
Article By:
Paul Hodges
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Sunday, November 24, 2019 12:13 PM EST
Sustainability and climate change are the great challenges and opportunities of the next 20 years. Portugal is showing the way with its new strategy to reach climate neutrality by 2050. Investors need to ensure their portfolios are going to benefit.
