Archive - Dec 13, 2015
The Next Domino: CANADA
Submitted by Secular Investor on 12/13/2015 08:45 -0500Canada will be in an extremely horrible shape from next year on...
Middle-East Opens Weak: Dubai Stocks Slump To 2-Year Lows As Financials Tumble
Submitted by Tyler Durden on 12/13/2015 02:06 -0500Following Friday's further freefall in crude oil prices, The Middle East is opening down notably. Abu Dhabi, Saudi, and Kuwait are lower; Israel is weak and UAE and Qatar are tumbling, but Dubai is worst for now. Dubai is down for the 6th day in a row (dropping over 3% - the most in a month) extending the opening losses to 2-year lows. The 11% drop in the last 6 days is the largest since the post-China-devaluation global stock collapse. Leading the losses are financial and property firms.
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