Global Markets Update EM sovereign bond yields may be nearing their peak Having increased sharply throughout the year, we think that emerging market local currency sovereign bond yields will probably only increase by a little more in the first half of next year, despite a... 18th November 2022 · 3 mins read
Capital Daily We still expect equities to struggle and the greenback to gain While the soft US October CPI print added fuel to the rally in “risky” assets and weighed further on the US dollar, we aren’t ready to abandon our forecasts for the former to struggle, and the latter... 11th November 2022 · 7 mins read
Global Markets Update Tougher times may lie ahead for Brazil’s markets Brazil’s financial markets have been some of the world’s best performers lately, supported in part by the prospect of centrist policymaking by incoming president Lula. With the presidential election... 8th November 2022 · 4 mins read
Global Markets Outlook Looming global recession another threat to risky assets We think the recent rallies in government bond markets will gain steam next year as inflationary pressures ease and central banks, especially the Fed, turn less hawkish. But, while rising real yields... 28th October 2022 · 30 mins read
EM Valuations Monitor Relative resilience of EM equity valuations could fade We don’t think the valuations of emerging market equities will continue to hold up better than those in developed markets if, as we expect, the global economy slips into recession. 21st October 2022 · 8 mins read
Global Markets Update We think EM Asian equities may drop further We think benchmark equity indices in Taiwan, Korea and India will fall a bit further over the remainder of this year and into 2023, as the global economy slips into a recession. 14th October 2022 · 4 mins read
Capital Daily Payrolls point to yields staying high, for now Today’s strong September US employment report added support to the view that Treasury yields will stay high, and the S&P 500 will remain under pressure, for a while yet. But we still think yields will... 7th October 2022 · 8 mins read
