US Tech Drags Global Stocks Lower | Horizons Middle East & Africa 06/21/2024

Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.
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Asian stocks follow Wall Street lower on buyer fatigue after tech shares dragged the Nasdaq 100, breaking a 7-day rally. Also on the show: a Bloomberg Scoop that Canada is preparing potential tariffs on Chinese-made EVs, aligning with moves by the US and EU. Guests on the show: Frederik Ducrozet, Banque Pictet, Head of Macroeconomic Research; Ryan Bohl, RANE Senior Middle East and North Africa Analyst; and Amol Shitole, Mashreq Capital Head of Fixed Income.

00:00 Intro
05:47 Frederik Ducrozet, Banque Pictet Head of Macroeconomic Research
13:41 Ryan Bohl, RANE Senior Middle East and North Africa Analyst
19:55 Russia and Vietnam sign a dozen deals
28:11 Amol Shitole, Mashreq Capital Head of Fixed Income
34:34 Kenyan lawmakers double down on controversial tax proposals
39:35 Howard Marks, Oaktree Capital Management Co-Chair
42:45 Canada preparing tariffs on Chinese EVs

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