Analysis On Fixed Income, Fx & Equity Markets

South Africa's financial markets have predictably been hit hard by the global turmoil. Equities and the rand currently look precarious, but the bond markets are doing well amid the... 2011-08-05

BMI View: We are constructive towards select Sub-Saharan African FX - the South African rand, Zambian kwacha and Ghanaian cedi - given the bearish outlook for the US dollar and country-specific... 2011-08-03

Gulf equity markets continue to post losses as investor sentiment remains weak, and we foresee even further declines going forward. The Qatar Share Index (QSI), Kuwait Stock Exchange... 2011-07-29

The uptick in political risk in a number of MENA markets since the start of H2 has filtered through to higher spreads in select CDS markets, which we believe could widen even further... 2011-07-27

South African bond yields are set to decline, in our view, as interest rate expectations adjust in the market. While previously it looked likely that the South African Reserve Bank... 2011-07-26

The Bank of Israel (BoI)'s July 25 decision to leave its headline interest rate unchanged at 3.25% falls in line with our view that rate hikes will come more slowly over the coming... 2011-07-26

We see further near-term upside for Botswana's Domestic Companies Index, which rallied last week to a 9 month high at 7,132. This is in line with BMI's view expressed on July 14,... 2011-07-25

BMI View: We believe the rate-hiking cycle in SSA has further to run, with interest rate increases expected to take place in most markets by year-end. Taking into account our inflation... 2011-07-21

Following an unimpressive weekly close of Saudi Arabia's Tadawul All Share Index (TASI), we maintain our neutral view of the index (see our online service, July 4, 'Equities: Poor Technicals... 2011-07-21

Following an unimpressive weekly close of Saudi Arabia's Tadawul All Share Index (TASI), we maintain our neutral view of the index (see our online service, July 4, 'Equities: Poor Technicals... 2011-07-21