Middle East & Africa
Syria / Economy
A poor harvest that leaves Syria needing to import wheat supplies will negatively impact the current account. In the long term we expect the current account deficits to grow, primarily due to declining oil
2008-07-18Ghana / Economy
The Bank of Ghana (BoG)'s monetary policy committee has a difficult job on its hands, having to balance the need for aggressive interest rate tightening against deteriorating macroeconomic...
2008-07-18Madagascar / Economy
Madagascar's ariary has gained over 12.0% in recent months, and is now testing nine-month trendline resistance at MGA1,550.00/US$, potentially setting up further gains. Encouraged...
2008-07-17Analysis On Fixed Income, Fx & Equity Markets
Syria
A poor harvest that leaves Syria needing to import wheat supplies will negatively impact the current account. In the long term we expect the current account deficits to grow, primarily...
2008-07-18Ghana
The Bank of Ghana (BoG)'s monetary policy committee has a difficult job on its hands, having to balance the need for aggressive interest rate tightening against deteriorating macroeconomic...
2008-07-18Madagascar
Madagascar's ariary has gained over 12.0% in recent months, and is now testing nine-month trendline resistance at MGA1,550.00/US$, potentially setting up further gains. Encouraged...
2008-07-17Namibia
A rising import bill as oil and energy remain costly will continue to act a major drag on Namibia's GDP growth over 2008 and 2009, combined with a moderation in domestic demand on...
2008-07-16While we believe that sub-Saharan Africa (SSA)'s growth outlook as a whole will remain generally positive over the course of 2008, global economic conditions have deteriorated noticeably...
2008-04-18BMI View: We are impressed by the Middle East region's resilience in the face of adverse global economic conditions, with still strong growth, balance of payments and debt positions...
2008-01-11The year 2007 proved to be a milestone for Sub-Saharan Africa (SSA)'s external debt outlook, as following decades of debt crises and HIPC initiatives, some sovereigns tabbed international...
2007-12-13Algeria
Middle Eastern and African sovereigns are still enjoying a strongly supportive external environment, but micro challenges are beginning to build. Fundamental global economic strength...
2007-06-14Kenya
The Kenyan shilling's fall through the key KES66.50/US$ support level is a negative technical signal, setting up further potential losses to KES70.00/US$. The unit traded at KES66.69/US$...
2008-07-10Iran
In spite of recent volatility, we expect the Iranian Rial to continue to gradually depreciate against the dollar, as the government seeks to ensure non-oil exports remain competitive....
2008-06-25Zambia
The primary risks are to the upside. The government has a more optimistic forecast for copper output growth, targeting 1mn tonnes of refined copper per year by 2011, above our 2011...
2008-06-05Israel
We remain bullish the Israeli shekel in the short-term particularly in light of the Bank of Israel's (BoI) decision to raise the key lending rate on 24 December by 25bps to 3.5%....
2008-05-29
