Year End - Middle East News 247
January 12, 2025
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Year End

NEWS DESK

Cautious Market Outlook for The Year-end

After the yen carry trade triggered a spike in the VIX index, global equities, including those in the UAE, rebounded significantly. This recovery came in line with the positive expectations of a 25 basis points rate cut by the Federal Reserve in September. Recent U.S. inflation data shows a