Emerging Markets Economics Focus What Trump’s return would mean for EMs All the signs suggest that a second Trump administration would take a more protectionist approach to trade. Export demand in Mexico, East Asia and ASEAN would be particularly hard hit by a universal... 29th April 2024 · 13 mins read
Event EM Drop-In: What Trump’s return would mean for emerging markets 1715868000 A second Trump presidency would almost certainly lead to a protectionist lurch from the US, with profound implications for the emerging world.
Emerging Europe Rapid Response Economic Sentiment Indicators (Apr.) The European Commission's Economic Sentiment Indicators for Central and Eastern Europe were a mixed bag in April, but our regional GDP-weighted measure of sentiment rose to a fresh two-year high... 29th April 2024 · 2 mins read
Africa Economics Weekly No SARB rate cuts in 2024, SSA subsidy removal The SARB’s biannual Monetary Policy Review published this week, which showed less confidence in South Africa’s disinflation trend and reiterated the desire to move to a lower inflation target... 26th April 2024 · 5 mins read
Emerging Europe Economics Weekly Ukraine gets a boost, but funding fatigue still a risk The $61bn US aid package for Ukraine approved this week will provide a much needed boost to Ukraine’s efforts on the battlefield, but the delays that the funding has faced over recent months casts a... 26th April 2024 · 10 mins read
Latin America Rapid Response Brazil IPCA-15 (April 2024) The slightly lower-than-expected Brazilian inflation figure for the first half of this month, of 3.8% y/y, and signs of softening underlying core price pressures might just be enough to give Copom... 26th April 2024 · 2 mins read
Emerging Europe Rapid Response Russia Interest Rate Announcement (Apr.) The hawkish communications accompanying the decision by the Russian central bank (CBR) to leave its key policy rate on hold today suggests that monetary easing will probably arrive later than we... 26th April 2024 · 2 mins read
Global Inflation Watch Bumpy ride back to target Progress in getting back to central bank targets has slowed in several major economies. In advanced economies, a rebound in energy inflation has offset most of the drag on headline rates from lower... 26th April 2024 · 17 mins read
China Economics Weekly PBOC bond trading, LGFV pullback The PBOC has clarified that its plans to start trading government bonds are aimed at managing interest rate risk, not conducting QE. This reinforces our sense that large-scale monetary easing remains... 26th April 2024 · 6 mins read
India Economics Weekly Extreme weather and AI risks in the spotlight There has been more good news on India’s economy over the past couple of weeks, but two key near and medium-term risks that we have previously highlighted - extreme weather and the emergence of... 26th April 2024 · 3 mins read
Middle East & North Africa Economics Weekly Egypt’s privatisation drive, dollarisation in Lebanon Egypt’s latest privatisation drive appears to have stalled after targets were watered down. The government doesn’t face the same need to secure revenues as it did recently, but privatisation is still... 25th April 2024 · 7 mins read
Emerging Europe Rapid Response Turkey Interest Rate Announcement (Apr.) Turkey’s central bank left its policy rate on hold at 50.00% at today’s meeting, but the statement continued to strike a hawkish tone amid persistent inflation risks in the economy. While we think the... 25th April 2024 · 2 mins read
Emerging Europe Chart Pack Emerging Europe Chart Pack (Apr. 2024) Our Emerging Europe Chart Pack has been updated with the latest data and our analysis of recent developments. The paring back of expectations for interest rate cuts in advanced economies this month... 25th April 2024 · 1 min read
Capital Daily USD strength may delay, not derail, EM easing cycles Even if the US dollar stays strong against most currencies this year, we think that much of the broad-based weakness in EM (emerging market) FX has run its course. While some EM central banks may now... 24th April 2024 · 4 mins read
India Chart Pack India Chart Pack (Apr. 2024) Our India Chart Pack has been updated with the latest data and our analysis of recent developments. India has been the star performer among major EMs over the past several quarters and the latest data... 24th April 2024 · 1 min read