Bloomberg There’s been a significant change of heart from JPMorgan equity strategists: US stocks are no longer preferred to Euro-area equities. “There is a tactical opportunity opening up for Euro zone to catch up,” strategists led by Mislav Matejka wrote in a note. The 20 percent underperformance of the region’s stocks in dollar terms over the past 18 months, combined ...

ABU DHABI / WAM The Financial and Economic Committee held its 40th meeting on Sunday at the Presidential Palace in Abu Dhabi. The meeting was chaired by HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, and was attended by HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential ...

Bloomberg China said it would continue to open up its financial markets and encourage foreign investment amid reports the Trump administration is considering restrictions on fund flows to China. “We will take further steps to promote high quality two-way financial opening, encourage foreign financial institutions and funds to invest in domestic financial market, to boost competitiveness and dynamism of the ...