Weekly coverage of fixed income, FX, interest rates, commodities, equities and funds across emerging markets
Key global themes that BMI expects to play out in 2018 include a divergence between developed and emerging market economic growth, US-led conflict over trade and potentially with North Korea, and a regulatory backlash over disruptive technologies.
Dampened import demand and rising service exports will see Barbados' current account gradually narrow in the coming years. However, persistent external imbalance and limited reserves will place...
The Kenyan shilling is likely to see increased stability in the coming months given greater confidence in the country's political outlook. That said, this will not deter the shilling's long-term...
BMI View: Turkey's very strong year-on-year GDP growth rate in Q317 was flattered by base effects from a contraction in Q316, while growth actually slowed in quarter-on-quarter terms, indicating a loss of momentum. Nevertheless, government stimulus has heightened overheating risks, and the current pace of growth is unsustainable.
Unsustainable debt burdens in many of Russia's regional government balance sheets will threaten long-term fiscal sustainability and weigh on economic growth, potentially leading to a shake-up of...
We do not expect to see a shift in government policy following the resignation of Polish Prime Minister Beata Szyd?o ahead of a Cabinet reshuffle. Her successor Mateusz Morawiecki is likely to...
Recent developments in Puerto Rico have increased our conviction that the territory faces a long road to recovery in the wake of hurricanes Irma and Maria, which made landfall in September. The...
The Middle East and North Africa (MENA) will benefit from improving macroeconomic dynamics in the year ahead, largely on the back of continued gains in the hydrocarbon sector. That said, political...
The Banco Central do Brazil will extend its rate cutting cycle into Q118, as it seeks to support economic activity amid low inflation. Rates will remain on hold in the quarters thereafter as inflat...
We forecast Bulgarian loan growth to remain on an upward trajectory, as household and non-financial corporate borrowing demand continues to increase in line with the country's robust economic...