Analysis On Fixed Income, Fx & Equity Markets

BMI View: Libya faces the risk of state collapse and civil war, amid a severe east-west schism and the absence of clear process for transferring power from Colonel Qadhafi to a successor.... 2011-02-22

We expect inflation to remain elevated throughout 2011, reinforcing the case for further rate hikes by the Central Bank of Nigeria. We see the benchmark policy rate rising by 100bps... 2011-02-21

Although we continue to see develop world equity markets outperforming emerging markets in 2011, we do not think that Sub-Saharan African equities are necessarily at risk of a correction.... 2011-02-16

BMI View: Although South Africa's JALSH has pushed to a new all-time high, we are cautious short term. The market looks ripe for a correction, and bearish sentiment could gather given... 2011-02-14

While the political crisis in Côte d'Ivoire is having some effect on local equity and fixed income markets, it is not yet the most important driver. This is particularly so in the... 2011-02-09

BMI View: We have initiated a bullish key market view on Zambian equities, highlighting our longstanding optimism toward the copper-rich, fast-growing economy. Strong global... 2011-02-07

There has been some notable volatility in Sub-Saharan African (SSA) financial markets since our last monthly market strategy update (see 'SSA Market Strategy For 2011: Equities Over... 2011-02-04

In light high oil prices, tight domestic liquidity conditions, and a pool of foreign exchange reserves that is now nearing its pre-crisis peak, we expect the Angolan authorities to... 2011-02-01

Volatility will remain a key risk across asset classes in the Middle East and North Africa (MENA) region as uncertainty over political risk in Egypt continues in the early part of February.... 2011-01-31

BMI View: Egypt is at a pivotal moment in its modern history, and we see a possibility that President Hosni Mubarak may be forced to cede power in the not too distant future, paving... 2011-01-27