BMI View: The Zambian kwacha has fallen to levels not seen since 2009, thanks in part to sluggish growth in the copper sector in recent months, along with a robust expansion of imports. The currenc...
BMI View: Despite a deep current account deficit, the value of the Ugandan shilling has been supported in recent weeks by investor inflows, which we expect will remain strong in the wake of the...
BMI View: The yield on Nigeria's local one-year bond has ticked up over the past few weeks, rising more than 140 basis points from its recent lows, thanks in part to the Central Bank of Nigeria's...
Middle East And Africa FX Forecasts
Middle East And Africa Interest Rate Forecasts
Africa Asset Class Strategy
The recent break through MXN12.50/US$ for the Mexican peso could potentially mark a watershed moment in the currency's broader appreciatory since mid-2012. Increased clarity on monetary policy in...
A break through near-term resistance at the 106.0 area for the JP Morgan Latin America Currency Index in late January suggested to us that regional currencies would remain within their broader...
BMI View: Uganda's All Share Equities index appears poised for further gains in the coming weeks, having broken through key technical resistance. Furthermore, the largely peaceful manner in which...
BMI View: Now that the budget for 2013 has finally been signed by President Goodluck Jonathan, we expect that the Nigerian naira will depreciate slightly, in line with the new peg centred around...