Weekly coverage of fixed income, FX, interest rates, commodities, equities and funds across emerging markets
A bullish technical picture for emerging market (EM) equities indicates additional upside potential for Latin American stocks over the coming months. While the rally in EM equities is largely attributable to the bounce in global commodities, especially oil prices, as well as recent weakness in the US dollar amid a re-pricing of interest rate expectations, Latin American stocks are benefitting...
The Central Bank of Nigeria will enact a further 200 basis points of hikes over the next six months in a bid to encourage a return in international investment. High structurally driven inflation...
Potash production will remain concentrated among a few large players, who will increasingly compete with each other over the next five years. China is on track to become the world's largest importe...
Relatively elevated growth in the hydrocarbon sector will prevent the Saudi economy to enter a recession in 2016. Nonetheless, the non-oil economy will continue to post negative growth rates over...
Egypt will conclude a deal with the IMF before the end of 2016 in the region of USD10bn as the country undertakes the required reforms and fiscal pressures mount. The deal will be a welcome relief...
The Banco Central do Brasil (BCB), under new governor Ilan Goldfajn, will pursue a prudent policy course over the coming months. The Q216 inflation report released on June 28 and the minutes from...
The CBTT will continue a steady depreciation of the Trinidadian dollar over the coming quarters in light of its wide external account deficit and falling foreign exchange reserves. Nonetheless, a...
The Banco Central de Reserva del Per? will maintain a rate-holding cycle through the end of the year as inflation moderates. In 2017, robust economic activity growth will encourage a modest rate...
We now expect that the South African Reserve Bank will keep the policy rate on hold in 2016 as a shift toward loose monetary policy in the developed world bolsters the rand and tempers imported...
The Peruvian sol is likely to weaken further in the coming weeks in light of central bank intervention to stymie the unit's rise. As a result, the unit broke through support at PEN3.28/USD, where...