01.12.2014 - Oil, commodities drop helps stabilise fragile EMs: QNB
Recent developments in global financial markets have helped stabilise some of the fragile emerging markets (EMs) that were previously thought to be at risk, QNB has said in a report. “The recent drop in oil prices is changing the risk profile of emerging markets,” QNB said. Significant adjustments to global financial markets in the second half of 2014 include a large drop in commodity prices, the end of Quantitative Easing (QE) in the US, and a stronger dollar. These developments, particularly the drop in oil prices, have led to a divergence in EM performance and risks going forward...............................................Full Article: Source
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