The Day Emerging Markets Became the Safe Haven
History enjoys irony. For decades, emerging-market currencies were the trembling limbs of global finance — volatile, fragile, forever hostage to dollar surges and capital flight....
Tag: EM
The Funeral of Easy Yield
For income-hungry investors, the age of lazy, state-sponsored abundance is drawing to an unceremonious close. For years, one could be handsomely paid for doing precisely...
The Great Emerging Market Bond Rush
Yield-hungry investors are once again fuelling a borrowing bonanza across developing nations, prompting a record surge in hard currency bond issuance, all in a mad...
Emerging Markets Face the Heat: Trump’s Tariffs, Dollar Strength, and Bond Woes
The outlook for emerging market bonds denominated in local currencies is deteriorating as investors abandon hopes of rate cuts, brace for a potential trade war,...
Fitch lowers China’s outlook to negative due to a rise in debt
Fitch has revised China’s outlook from stable to negative, stating that the government risks accumulating debt as it seeks to steer the economy away from...
Can India replace China as the engine of global growth?
China is slowing down, and Western governments increasingly see it as a rival rather than an economic partner. Along its southwest border, another booming economy...
The dollar will remain strong in 2024
The resurgence of the American dollar exasperates central bankers and governments worldwide, forcing them to act to relieve pressure on their currency. From Tokyo to...
An Election Year at High Risk for the African Continent
Regarding elections, 2024 will be the world’s most significant global election year in history. More than 60 countries are expected to hold executive and legislative...
A $400 billion debt burden threatens emerging market companies
Cracks are deepening for vulnerable companies in emerging markets as global borrowing rates reach their highest levels since the financial crisis, disrupting opportunities to refinance...