DM Markets Chart Pack Prospects for euro-zone equities brighten Equities in the euro-zone performed better over the past month than those in the US, amid further good news on the region’s economy and the fading of political risk after France’s presidential... 11th May 2017 · 1 min read
Emerging Markets Economics Update Emerging Markets Capital Flows Monitor (Apr.) Our Tracker shows that net capital outflows from emerging markets picked up in April. Outflows will probably accelerate further later this year, but they are likely to remain subdued by recent... 10th May 2017 · 1 min read
UK Economics Weekly 1992 or 2008? Updated Recent news on the economy might suggest that the effects of the pound’s post-referendum depreciation will be closer to those seen after the pound’s fall in 2008 – which raised inflation and squeezed... 5th May 2017 · 1 min read
Nordic & Swiss Economics Update Nordic & Swiss currencies to rebound from April’s falls After depreciating against the euro in April, we think that the Swiss franc, Swedish krona and Norwegian krone will rebound, but for different reasons. Political risk could yet re-escalate in Europe... 3rd May 2017 · 1 min read
EM Valuations Monitor Is the strength of EM currencies set to last? Although they have generally appreciated in recent months, few EM currencies appear much stronger than their “fair value”. This feeds into our view that most will hold up fairly well over the next few... 2nd May 2017 · 1 min read
Nordic & Swiss Economics Update French election pushed currencies down and yields up Following Mr Macron’s victory in the first round of the French presidential election, Nordic and Swiss currencies depreciated and government bond yields rose. And dovish comments from policymakers at... 28th April 2017 · 1 min read
China Economics Update Concerns over regulatory tightening spook investors China’s equity markets saw the biggest fall since 2016 in April after policymakers ramped up their rhetoric on limiting financial risks. Meanwhile, the renminbi has remained stable against the US... 28th April 2017 · 1 min read
Africa Chart Pack Africa: Currencies grab headlines as economies improve April was another dramatic month for African currency markets. The rand fell against the US dollar after the sacking of Finance Minister Pravin Gordhan prompted a ratings downgrade, before clawing... 28th April 2017 · 1 min read
Africa Economics Update South Africa: Markets weather another storm The relative resilience of South African financial markets in the face of the latest political turbulence has prompted us to revise our end of year rand forecast from R15/US$ to $14/US$. Markets... 27th April 2017 · 1 min read
Emerging Europe Economics Update Ruble strength on policymakers’ radars The continued strength of the Russian ruble this month has started to raise concerns among policymakers, with President Putin hinting that some form of action might be taken to stem the rise. At the... 27th April 2017 · 1 min read
Middle East & North Africa Economics Update Devaluation fears fade in the Gulf, Tunisia’s dinar falls Fears that low oil prices would force the Gulf countries to devalue their currencies have continued to fade over the past month. However, one country in the region where the authorities have loosened... 26th April 2017 · 1 min read
China Economics Update Renminbi may be approaching a turning point Analysts are convinced that the renminbi can only go one way – down against the dollar. But a return to appreciation is looking increasingly plausible. 26th April 2017 · 1 min read
Global Markets Outlook The Capital Markets Analyst Q2 2017 - As good as it gets for US assets? We think that the best days are over for assets in the US, in both absolute and relative terms. For example, we expect bond yields to rise further there than in other developed economies over the next... 26th April 2017 · 1 min read
Latin America Economics Update Monetary policy drives divergence in bond yields Moves in Latin America’s currency and equity markets this month have been relatively small but the divergent paths of government bond yields have been more eye-catching. While short-term local... 24th April 2017 · 1 min read
UK Economics Update Brexit Watch: Markets give snap election the thumbs up The positive response of the pound to the surprise announcement of a snap General Election suggests that a larger Conservative majority, and stability in Government over the Brexit implementation... 21st April 2017 · 1 min read
UK Economics Update Is the pound set for a pre-Brexit rally? The jump in sterling after Theresa May’s surprise announcement of a snap general election has posed the question of whether the pound might defy expectations and rise further as Brexit approaches... 21st April 2017 · 1 min read
