Emerging Europe
Economy
BMI View: We believe Emerging European credit default swaps (CDS) markets could be in for a significant re-pricing over the next few months if the EU's ban on naked CDS trading is revoked. The ban has been the main factor behind persistent anomalies between our proprietary sovereign risk ratings and regional CDS markets over recent quarters, meaning the CDS spread between several...
2013-05-23Turkey / Economy
Recent monetary policy decisions imply that Turkey's central bank is becoming more concerned about supporting growth than aiding the rebalancing process, and as a result we are turning...
2013-02-21Bosnia-Herzegovina / Economy
BMI View: A better external environment has improved emerging Europe's sovereign outlook for 2013, but we see greater potential for relative value plays in regional credit default swap...
2013-01-31Analysis On Fixed Income, Fx & Equity Markets
Turkey
BMI View: We have added a bearish view on the South African rand to our regional asset class strategy table, given the weak technical picture and a confluence of negative fundamentals....
2013-01-24Croatia
We expect the Croatian kuna to remain within a trading range of HRK7.5500/EUR and HRK7.6000/EUR in the coming months as a result of counterbalancing pressures on the unit. Downside...
2013-01-09BMI View: We believe Emerging European credit default swaps (CDS) markets could be in for a significant re-pricing over the next few months if the EU's ban on naked CDS trading is revoked....
2013-05-23Bosnia-Herzegovina
BMI View: A better external environment has improved emerging Europe's sovereign outlook for 2013, but we see greater potential for relative value plays in regional credit default swap...
2013-01-31BMI View: Growing antipathy to fiscal consolidation continues to hurt Emerging Europe's sovereign profile. We view economies with low growth trajectories in a more negative light than...
2012-11-08Emerging Europe is the most highly exposed emerging market region in the world to the rapidly escalating sovereign debt crisis and increasing risks of economic stagnation (if not recession)...
2011-11-04Turkey
Recent monetary policy decisions imply that Turkey's central bank is becoming more concerned about supporting growth than aiding the rebalancing process, and as a result we are turning...
2013-02-21Czech Republic
The Czech koruna is likely to underperform other central European currencies in the short-term as export growth wanes and portfolio inflows into government debt stall due to the fragile...
2013-01-08Turkey
On November 7 we removed our bullish key market view on the TRY/US$ exchange rate, after implied gains of 1.1% over seven days, as we believed the Turkish lira had come too far too...
2012-11-15Turkey
Following a torrid 2011 in which the Turkish lira depreciated more than 20% against the US dollar, the currency has enjoyed a reversal of fortunes in the first few weeks of January....
2012-01-19
