EM Markets Chart Pack Will EM bonds continue to underperform? Local currency government bonds in developed economies have typically fared much better than those in emerging economies over the past year. This is evidenced by the fact that the yield of the JP... 9th October 2014 · 1 min read
EM Markets Chart Pack Emerging market equities stand out from the pack Emerging market equities are on track to outperform both developed and frontier market equities in Q3 for the first quarter in seven. We would not be surprised if emerging market equities continued to... 11th September 2014 · 1 min read
EM Markets Chart Pack Will EM corporate bonds continue to outperform? Emerging market dollar-denominated corporate bonds outperformed similarly-rated US corporate bonds in the second quarter of this year. We expect this outperformance to continue. Admittedly, bonds... 8th July 2014 · 1 min read
EM Markets Chart Pack What next for Russia's financial markets? We do not think the recent outperformance of Russia’s financial markets and currency will last. Indeed, the ruble has already dropped back slightly over the past week or so. There are three key... 11th June 2014 · 1 min read
EM Markets Chart Pack Dollar-denominated bond yields to drift up this year The “stripped” spread of the JP Morgan EMBI+ Index has dropped below 300 basis points for the first time in about a year. However, we forecast the spread to rebound as less accommodative US monetary... 9th May 2014 · 1 min read
EM Markets Chart Pack Emerging market equities back in favour The MSCI Emerging Markets Index has returned nearly 3% in local currency terms since this time last month. At least three factors may explain why emerging market equities have been on the mend. First... 8th April 2014 · 1 min read
EM Markets Chart Pack Investors’ appetite returns, but is fussy Despite the crisis in Ukraine, which has hit some currencies and assets in Emerging Europe hard, there are signs that investors are rediscovering an appetite for investing in selected emerging markets... 12th March 2014 · 1 min read
EM Markets Chart Pack Emerging market assets suffer further losses Like most other emerging market assets, dollar-denominated bonds have performed poorly over the past month. But they have at least fared better than they did during last summer’s sell-off. Spreads on... 11th February 2014 · 1 min read
EM Markets Chart Pack Is Fed tapering now priced in? Emerging market assets have suffered since mid-October from renewed speculation that the US Fed will taper its asset purchases sooner rather than later. Both equities and bonds have sold off over the... 10th December 2013 · 1 min read
EM Markets Chart Pack Renewed underperformance from EM equities The small rise in most emerging market equities over the past month was eclipsed by the 4% or so rise in developed market equities. So far in 2013, emerging equity markets have underperformed... 12th November 2013 · 1 min read
EM Markets Chart Pack The Brazilian real bounces back Emerging market currencies in all the major regions have generally risen against the dollar since this time last month. Those of countries in Emerging Europe have fared the best on average, although... 14th October 2013 · 1 min read
EM Markets Chart Pack Emerging market equities stop underperforming Returns from emerging market equities have been positive since this time last month. Moreover, emerging market equities appear to have stopped underperforming developed market equities. If this... 16th September 2013 · 1 min read
EM Markets Chart Pack Emerging market assets regain some poise Dollar-denominated emerging market government bonds have recovered some poise over the past month. This has been driven primarily by a decline in credit spreads, which have fallen significantly from... 8th August 2013 · 1 min read
EM Markets Chart Pack Some tentative signs of stabilisation Yields of dollar-denominated emerging market government bonds have surged since late May, reflecting increases in both underlying US Treasury yields and credit spreads. But while Treasury yields have... 10th July 2013 · 1 min read
