Brown Brothers Harriman: Emerging Markets Preview for the Week Ahead
EM has been on a good run but this week will be a big test. Brexit uncertainty may finally end. Or it may not. A delay would be positive for EM, whilst a potential hard Brexit would be negative. The Fed meets Wednesday and key US data will be reported during the week, culminating with the jobs report Friday. The dollar has been on its back foot as September data have come in weaker than expected, so any sort of positive data surprises this week could add to the dollar’s recent gains.
Win Thin is the Global Head of Emerging Markets Strategy and has over 25 years of investment experience. He has a broad international background with a special interest in developing markets. Prior to joining BBH in June 2007, he founded Mandalay Advisors, an independent research firm that provided sovereign emerging market analysis to institutional investors. Prior to that, Win was a vice president and international economist, covering major emerging markets in Asia and Latin America for Alliance Capital Management
