Thursday 12, December 2013 by Emirates NBD Wealth Management

Markets cooling down at year end as expected

US markets cool as data revives December taper expectations; GCC holds up after Expo 2020 news – wait for dips; Ukraine markets in turmoil with Brazil seeing a chink of light – Buy EM mispricing; crude oil rallies but may be short lived on improving geo-politics; US data may be improving but EUR, GBP usually strengthen at year-end.