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Has the Dubai Financial Market already seen its high for the year?
Posted on 05 February 2013 with 1 comment from readers
ArabianMoney editor and publisher Peter Cooper visits the Dubai Financial Market with MyDubaiMyCity presenter Sandra Mergulhao to discuss whether the rally in the local stockmarket might already be over for 2013. The jury is still out on that question but the reality of the recovery in the Dubai economy is not in doubt.
Still this is a critical point for global financial markets after their long rally and it is not clear if the DFM can beat a global downturn now…
1 Comment posted by readers:
Agreed..and well said..market is well ahead of itself..it will breakdown from these levels…i see another eurozone crisis emerging.