Analysis On Fixed Income, Fx & Equity Markets

We reiterate our bearish view on Central European equity markets as the macroeconomic situation in the region continues to deteriorate and investor sentiment towards CE assets is dampened... 2011-11-25

Western Balkan equities have not been spared the carnage seen in western European markets with the Croatian CROBEX, Serbian BELEX15 and Bulgarian SOFIX all having seen serious losses... 2011-11-24

Russian entry into the WTO by mid-December 2011 looks assured at this stage, as foreign interest to bring the country into the bloc remains high. Initially, we believe that foreign... 2011-11-03

Interbank lending rates in Croatia have continued to head higher in recent weeks on the back of the announcement by the Croatian National Bank (HNB) that it was raising its reserve... 2011-10-21

Heightened market volatility and concerns over Russia's policy environment have continued to pound the Russian rouble in recent weeks. Precluding major central bank intervention, we... 2011-10-05

Amidst high global economic uncertainty and the deepening eurozone debt crisis we maintain our neutral view on Central European (CE) equity indices. That said we continue to highlight... 2011-10-05

In light of ongoing uncertainty in global markets regarding the depth of the economic slowdown and lack of a sustainable policy response to the eurozone debt crisis, emerging market... 2011-10-04

Croatia's borrowing premium has been on the rise in recent weeks due to central bank measures to support the kuna, which have resulted in rising yields combined with what we view as... 2011-09-28

Our view for Czech assets to outperform regional peers has played out better than we had expected. The Central European (CE) stalwart has broadly outperformed across currencies (FX),... 2011-09-27

While we currently hold a neutral view on fixed income in Central Europe on account of high levels of global uncertainty over future growth prospects, we have a preference for Czech... 2011-09-21