Middle East Views

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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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Global Commodities Strategy

We are holding to our Brent and WTI price forecasts for 2014. WTI should remain fairly stable and average USD99/bbl, while improving supply will see Brent weaken to average USD104.9/bbl for the year...

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