Welcome to the 34th edition of Perspectives.

In this publication, we highlight the 10 stories to remember from the “Corona Crash” which took place last month. We then share our global market outlook for the second quarter and beyond.

After reviewing the weight of evidence from a fundamental and technical standpoint, we explain why investors should stay cautious on risk assets following the strong rebound which has been taking place since March 23rd.

The second part of this edition of Perspectives is dedicated to our regional markets. We look at the first quarter in the rear view and share our current investment strategy.

In the “hot topic” section, we discuss how the COVID crisis and low oil prices could threaten the dollar-peg of some GCC countries.

We hope you will enjoy this issue.

Download the Publication