Bips & Pieces
China Coronavirus Could Weigh on Oil, Tourism, Travel Industries
The recent outbreak of coronavirus in China – which comes around the same time as the Lunar New Year, a peak travel season in the country – could have dramatic affects on a range of commodities and industries, analysts suggest. But it is too early to tell how extensive markets would be moved.
27 Jan 2020
Mexico 2020 Growth Forecast Revised Down Amid Frail Business Confidence
Inflation and investment are expected to remain steady, with potential upside from the manufacturing sector if USMCA is finalized, Banorte analysis predicts.
27 Jan 2020
Kuwait’s 2020/21 Budget Reveals Record Fiscal Deficit – Marmore
Kuwait has published its budget proposal for the fiscal year 2021, which reveals that the nation’s deficit will climb for the sixth consecutive year in a row to reach a record high.
24 Jan 2020
Single Investor Sweeps Up Russia’s RUB58bn OFZ Auction
Analysts are puzzled by what is being described as one of the strangest local bond trades by the Russia MinFin in recent history.
24 Jan 2020
Lekoil Loan Scam Could Harm Attempts to Fill Gaps Left by Oil Majors
A stunning scam that saw Nigerian oil company Lekoil discover a loan it had purportedly secured from the Qatar Investment Authority was fake could harm Nigeria’s efforts to plug a growing gap left by international oil and gas companies.
24 Jan 2020
UN SDGs Offer USD10tn Opportunity to Private Sector Emerging Market Investors
The private-sector sustainability drive will focus around three core infrastructure-focused areas and represents 40% of total funding required to meet the objectives, according to Standard Chartered Bank.
23 Jan 2020
Commercial Deals Totalling GBP6.5bn Between UK and Africa said to ‘Underwhelm’ Following High-Profile Summit
The UK and African governments launched a series of new initiatives during a high-profile investment and trade summit hosted in London this week, but despite the hype around the potential for post-Brexit free trade opportunities, some observers remain relatively underwhelmed.
23 Jan 2020
Ecuador, Chile Join Growing List of Regional Issuers out of Latin America
The issuance pipeline in Latin America has really opened up this month with Ecuador and Chile joining a list of sovereigns tapping the international bond markets, including Colombia, Paraguay, and Mexico.
23 Jan 2020
Prime Opportunities in EM, Loans & Inflation-Linked Securities – Neuberger Berman
Emerging market high yield debt, loans, and inflation-linked securities are amongst Neuberger Berman’s top picks within the fixed income space, according to a recent report from the firm’s Asset Allocation Committee.
23 Jan 2020
Saudi Arabia Prices Triple-Trancher, Leaving a Few Bips on the Table
The Kingdom of Saudi Arabia hit the market for the first time in 2020 to place USD5bn in bonds across three tranches, including a 35-year tranche – the country’s longest to date.
22 Jan 2020