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Still Neutral On Levant Equities

We retain our neutral outlook on the Levant's equity markets, with neither Jordan's Amman Stock Exchange (ASE) nor Lebanon's BLOM Index showing any promise of breaking out of their sideways channels.

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Yuan Weakness In Context

We continue to hold a bearish view on the Chinese yuan, yet are generally positive on most other FX markets across the region. We continue to hold a bullish view on the Indonesian rupee via our local...

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