Middle East & Africa
Uganda / Economy
BMI View: The Ugandan shilling is testing long-term resistance on the back of tight monetary policy and consequent lack of domestic liquidity, and the next several days of trading will be crucial for our view on local debt. The recent rally has already had positive implications for our position on the 91-day T-Bill, which has posted more than 6% in gains since initiation less...
2012-01-24Ghana / Economy
The Ghanaian cedi has staged a tentative recovery following a depreciation of over 5.0% since the start of the year, and we believe that the worst is over for the currency.
2012-01-23Nigeria / Economy
BMI View: The Nigerian naira continues to trade at historically weak levels on the interbank market, while the official exchange rate is on the weak side of the Central Bank's targeted...
2012-01-20Analysis On Fixed Income, Fx & Equity Markets
Uganda
BMI View: The Ugandan shilling is testing long-term resistance on the back of tight monetary policy and consequent lack of domestic liquidity, and the next several days of trading...
2012-01-24Ghana
The Ghanaian cedi has staged a tentative recovery following a depreciation of over 5.0% since the start of the year, and we believe that the worst is over for the currency.
2012-01-23Nigeria
BMI View: The Nigerian naira continues to trade at historically weak levels on the interbank market, while the official exchange rate is on the weak side of the Central Bank's targeted...
2012-01-20Mauritius
In line with our view of caution highlighted on January 3, the Mauritian Semdex has seen some downside over the last few days. The market opened at 1,864 on January 18, representing...
2012-01-18Angola
BMI View: The latest update of our Sub-Saharan Africa Sovereign Risk Ratings has seen some notable moves, both to the upside and the downside. We continue to regard Gabon as the most...
2011-03-30Angola
BMI View: The latest update of our Sub-Saharan Africa Sovereign Risk Ratings has seen some notable moves, both to the upside and the downside. We continue to regard Gabon as the most...
2010-12-08Angola
BMI View: The latest update of our Sub-Saharan Africa Sovereign Risk Ratings has seen some notable moves, both to the upside and the downside. We continue to regard Gabon as the most...
2010-09-27United Arab Emirates
BMI View: The macroeconomic recovery taking place throughout the Middle East and North Africa (MENA) fails to inspire us, highlighted in the region's average sovereign risk rating remaining...
2010-09-02Algeria
Our near-term outlook for the Algerian dinar is neutral. The currency has been in a multi-quarter downtrend against the US dollar, and the unit traded at DZD74.33/US$ on December 16....
2011-12-16Syria
Our near-term outlook for the Syrian pound is bearish. After trading in a tight sideways band for over five months in the SYP47.40/US$ range, the currency has since sold off and was...
2011-11-18Uganda
We expect range trading over the near term for the Ugandan shilling, as a series of fundamentally supportive factors bolster the currency's recent sharp gains, while further appreciation...
2011-11-08Ghana
Although the Ghanaian cedi has tentatively staged a comeback following the sharp sell-off witnessed in October, we are not convinced that the currency will hold its ground. Rather,...
2011-11-02
