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Khatija Haque - Head of MENA Research
Published Date: 08 September 2016
Dubai Economy Tracker points to strong growth in Feb
Dubai Economy Tracker at highest level in nearly 2 years
GCC Equity Flow Monitor
Global equity markets closed higher as the Federal Reserve delivered a dovish rate hike and political risks declined in Europe following the results of the Dutch election.
Economic activity has gained momentum around the world allowing the Fed to bring forward the next step of its policy normalization.
In February 2017, GCC equity markets closed marginally lower with the Bloomberg GCC 200 index losing -0.23%.
The Emirates NBD Dubai Economy Tracker Index (DET) eased slightly to 56.2 in February from the two-year high reached in January.
ECONOMICS, DUBAI ECONOMY TRACKER
In this note, we shed some light on what exactly the PMIs are telling us about economic activity and explore how well they reflect real GDP growth.
Global equity markets closed marginally lower as weakness in commodity prices and caution ahead of the Federal Reserve meeting outweighed continued robustness in economic data.
The GCC weekly chart pack aims to present a high level pictorial representation of the performance of the GCC Credit universe.
MARKETS, FIXED INCOME
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