Susannah Streeter, head of money and markets at Hargreaves Lansdown, says the rally fizzled out because there “wasn’t enough detail about a fiscal stimulus.”
Carole Nakhle, founder and director of Crystol Energy, says the oil price target may be more of an “indirect message” from Saudi Arabia, to those who undercomply with their commitments within the OPEC+ alliance.
Emre Akcakmak, head of frontier markets at East Capital Group, discusses the Turkish central bank’s decision to keep its main interest rate steady at 50%.
Britney Lam, head of long-short equities at the Dubai-based Magellan Capital Holdings, discusses the launch of a $700 million multi-strategy hedge fund set to be one of the largest debuts in the United Arab Emirates.