Global Markets

EM Markets Chart Book

EM Markets Chart Book

We think China’s equities will continue to struggle

Even if the current concerns around Evergrande abate, we think China’s stock market will continue to underperform many of those elsewhere over the next couple of years.

Drop-In: Evergrande – What are the risks to China and the world? Chief Asia Economist Mark Williams and Senior China Economist Julian Evans-Pritchard will be joined by Senior Markets Economist Oliver Jones to take your questions about the Evergrande situation. They’ll be covering the implications of collapse for China’s financial system and growth outlook, and assessing the global markets fallout. Register here for the 0900 BST/1600 HKT session on Thursday, 23rd September.

22 September 2021

EM Markets Chart Book

China’s growth slowdown may hold back EM equities

We think slower growth in China will continue to weigh on the country’s stock market, as well as those of some other emerging markets (EMs).

27 August 2021

EM Markets Chart Book

We expect generally higher long-term EM bond yields

We think investors may be overestimating how much monetary policy tightening is on the way in emerging markets (EMs), but still expect long-dated EM government bond yields to rise a bit from here.

29 June 2021
More Publications

EM Markets Chart Book

We think EM equities will rise, not shine

We forecast that emerging market (EM) equities will make further gains between now and end-2022 as the global economy recovers further. However, they have lost a bit of ground to developed market (DM) equities recently and we doubt they will perform much better than them in the coming year and a half.

EM Markets Chart Book

Toning down our optimism about EM assets & currencies

We have become more pessimistic about the outlook for emerging market (EM) assets and currencies as we now expect the 10-year US Treasury yield to rise further over the next two years.

1 April 2021

EM Markets Chart Book

We don’t think we are in for another “taper tantrum”

We still expect emerging market (EM) “risky” assets and currencies to make further gains this year, despite growing concerns about another “taper tantrum”.

23 February 2021

EM Markets Chart Book

We expect EM local currency bond yields to remain low

Positive vaccine news has not changed our view that monetary policy in many emerging markets (EMs) will generally remain loose for some time yet. That is a key reason why we still expect EM local currency government bonds yields to stay low by historical standards next year.

EM Markets Chart Book

Reaction to vaccine news may be a sign of things to come

Equities and bonds in emerging markets (EMs) rallied sharply on the vaccine news earlier this month, particularly outside of Asia. We think they will continue to fare well as the global economy recovers.

1 to 8 of 40 publications
See More ↓