Tag Archives: Russia

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This amounted to $3.7 billion withdrawn from emerging market equities and bonds, according to data analysed by Bank of America Merrill Lynch.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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Residential property bubble spreads: BIS data

The residential property bubble continues in countries like the UK and Sweden, but it seems to have spread to some other countries as well, according to data from the Bank for International Settlements.

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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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Bullish investors return to emerging markets

Emerging market assets, particularly bonds but also equities, are staging a comeback as investors gradually return to risky assets.

A survey of investor sentiment carried out by Societe Generale in February among 41 hedge funds and 41 real money investors such as pension funds, showed the bullish bias towards emerging markets strengthening for the near term.

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The curse of cheaper oil hits some emerging markets

The Goldilocks scenario about the lower price of oil fuelling an economic boom has a few big holes, mainly when it comes to emerging markets.

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Russia to fall deep in recession, drag region down: EBRD

Russia will fall into a deep recession following the ruble’s collapse and the sharp decline in the price of oil, and will drag down with it many other countries in the region this year, new forecasts from the European Bank for Reconstruction and Development (EBRD) show.

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EBRD to raise stake in Moldovan bank to restore governance

The European Bank for Reconstruction and Development (EBRD) said it has applied for regulatory approval to raise its stake in Moldova’s third-largest bank, Victoriabank, “with the aim of restoring effective corporate governance at the bank and ensuring its continued sound financial performance.”

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Turkey becomes the top EBRD investment destination

Turkey is the big winner and Russia the big loser when it comes to investment by the European Bank for Reconstruction and Development (EBRD).

Investors who like to follow the flow of institutional capital would do well to take a look at the development bank’s latest statement regarding its investments in the region.

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What to watch for in the Ukraine Russia conflict

The past couple of weeks had been relatively quiet for Russia and Ukraine due to the Russian orthodox Christmas holiday, but this week the rollercoaster started again.

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