Frontier Markets Wrap Easing cycles have further to run in several frontier markets The past month has brought aggressive monetary easing in a handful of frontier markets, and we think others will follow suit over the rest of this year. Cuts in policy interest rates this month in... 30th June 2016 · 1 min read
Emerging Europe Economics Update Emerging European markets underperform after Brexit vote 30th June 2016 · 1 min read
Emerging Europe Economics Update Post-Brexit sell-off unlikely to push up inflation in the EM world The sell-off in the majority of EM currencies in the wake of the Brexit vote is unlikely to have a significant impact on inflation in most of the emerging world. That said, it is likely to cause... 29th June 2016 · 1 min read
Emerging Markets Economics Update Post-Brexit EM market moves likely to be driven by Fed & China EM financial markets are often hit hard during bouts of investor risk aversion, but most have come through the past few days in reasonable shape. Looking ahead, EMs are more likely to face acute sell... 29th June 2016 · 1 min read
Europe Commercial Property Update Ratings upgrade in Hungary will outweigh potential Brexit fallout We do not see the UK’s vote to leave the EU as having a major effect on the CEE economies and property markets. Indeed, with Hungary likely to be buoyed by a second ratings upgrade later this year, we... 29th June 2016 · 1 min read
Emerging Europe Data Response Economic Sentiment Indicators (Jun.) This month’s Economic Sentiment Indicators in Emerging Europe suggest that growth in the region as a whole eased a touch at the end of the current quarter. These data don’t capture the impact from the... 29th June 2016 · 1 min read
Emerging Markets Activity Monitor EM recovery continues Our GDP Tracker suggests that EM growth picked up for the third consecutive month in April, helped by an improvement in activity in Latin America and Emerging Europe. 28th June 2016 · 1 min read
Emerging Europe Economics Update Assessing the political fallout on CEE from Brexit There are already signs that the UK’s vote to leave the EU is emboldening populist and anti-EU sentiment in Central and Eastern Europe (CEE). Given that the region is a major beneficiary from the EU’s... 28th June 2016 · 1 min read
Emerging Markets Economics Update Brexit, EMs and some common questions There are already some signs that following the initial shock of the Brexit vote, financial markets in EMs are starting to stabilise. In this Update, we outline four common questions that we have been... 24th June 2016 · 1 min read
Emerging Markets Economics Update Brexit vote rattles EMs The vote by the UK to leave the EU is already creating a flight to safety, with financial markets in EMs that have deeper and more liquid markets (Mexico), large current account deficits (South Africa... 24th June 2016 · 1 min read
Emerging Europe Economics Update UK vote raises longer-term risks to Eastern Europe The UK’s vote to leave the EU in yesterday’s referendum is likely to cause further turbulence in Central and Eastern European (CEE) financial markets in the coming days and weeks. As things stand, we... 24th June 2016 · 1 min read
Emerging Markets Financial Risk Monitor Financial risks continue to build in China A continued build-up of private sector debt in China is increasing financial risks. We don’t expect the sharp rise in credit to cause imminent problems, but we are concerned about sustainability in... 23rd June 2016 · 1 min read
Emerging Europe Chart Pack CEE markets focus on Brexit risks The focus of investors in Central and Eastern Europe (CEE) is now squarely on the UK’s Brexit vote tomorrow. CEE has the largest linkages with the UK of any EM region, and so is more exposed to... 22nd June 2016 · 2 mins read
Emerging Markets Economics Chart Pack EM growth starting to turn a corner EM growth has shown some signs of life in recent months. GDP data for Q1 showed a rise in aggregate growth for the first time since 2013 and our GDP Tracker suggests that the improvement continued in... 22nd June 2016 · 1 min read
Emerging Markets Economics Update Emerging Market Consumer Snapshot (Q2 2016) Consumer spending in the emerging world finally looks to have turned a corner, thanks mainly to the bottoming-out of consumer recessions in Russia and Brazil. Spending in Central and Eastern Europe... 21st June 2016 · 1 min read
Emerging Europe Economics Update Hungary hints at further unconventional easing Hungary’s MPC made it clear today that further interest rate cuts are unlikely. And while the Council hinted at more “unconventional” policy loosening, we doubt that this would have a significant... 21st June 2016 · 1 min read
