Tag Archives: Hungary

Argentina shows the bad side of quantitative easing

This past week, there has been a frenzy of selling of emerging markets assets. The outflows from both stocks and debt in emerging markets reached their highest level since December 2016.

This amounted to $3.7 billion withdrawn from emerging market equities and bonds, according to data analysed by Bank of America Merrill Lynch. These outflows have helped push our old friend, the Bull/Bear indicator developed by BofA Merrill Lynch, to 4.8 — its lowest level since January 2017.

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Emerging Europe consumption at highest since 2008

Emerging markets have been in the doldrums recently but one region, which had been hard hit by the eurozone crisis, seems to be getting ready for a brisk upturn now.

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Emerging markets currencies outlook for Q2

Emerging markets currencies will be one of the most affected asset classes when the Federal Reserve starts to hike interest rates, but actually some of them stand to benefit.

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Sort out the issue of Swiss franc loans, once and for all

By Piroska M. Nagy

This article was first published on the website of the European Bank for Reconstruction and Development (EBRD).

The Swiss National Bank’s January decision to remove the Swiss franc’s cap against the euro has sent shockwaves through the global economy. It triggered particularly strong reactions in parts of central and south-eastern Europe, where currencies in some countries came under severe pressure.

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What the ECB’s quantitative easing means

The European Central Bank had no choice but to launch its own quantitative easing programme in the end. The jury is still out on whether it will work – but judging by the first reactions, it could actually mark the return to some sort of normality for the eurozone.

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Swiss National Bank makes new victims

The Swiss National Bank’s shocking decision last week to scrap the cap that was preventing the Swiss franc from appreciating to more than 1.20 to the euro continues to play out in the markets.

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Demand for loans in Eastern Europe improves

You have to squint to notice it, but it looks like things are finally on the mend in Central and Eastern Europe on the financial front.

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Emerging markets – is the rally over?

There has been a marked change in sentiment towards emerging markets this year, with more investors getting back in after disappointing performance last year.

But three analysts published warnings about the asset class on Monday. While not calling for an abrupt end to the rises in emerging markets stocks and bonds witnessed over the past few months, the warnings serve as a reminder that volatility can come back at any time.

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Emerging Europe Stalling, Even Backtracking on Reforms: EBRD

The reform process has been stalling in Central, Eastern and South-Eastern Europe and in the former Soviet countries even since before the crisis, and it has even reversed in some countries, the European Bank for Reconstruction and Development’s Transition Report 2013 shows.

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