At the start of the year, we saw three global risks lurking the market; oil, trade war and global monetary tightening. These risks did play out for most part of 2018 and kept both debt and equity markets volatile. However, as we come to the close of 2018, some of the concerns appear to be ebbing at the margin or at least temporarily suspended. Crude oil price has fallen sharply from US$ 85/bbl (during mid-October) to US$ 60/bbl in the span of a month. The US had successfully persuaded Saudi Arab...
