Global
Oil Price Volatility Provides Crucial Test for OPEC+
Oil prices continued to tumble during the first week of February as the coronavirus outbreak intensified, taking Brent Crude futures down nearly 12% year to date and sending OPEC+ scrambling to contain to counter the impact.
3 Feb 2020
Brown Brothers Harriman: Emerging Markets Preview for the Week Ahead
EM remains vulnerable to deteriorating risk sentiment as the coronavirus spreads. China announced a series of measures over the weekend to help support its financial markets, but this may not be enough to turn sentiment around yet. China markets reopen Monday after the extended Lunar New Year holiday and it won’t be pretty.
3 Feb 2020
Copper Prices Plummet Amid China Virus Fears
The “bellwether” of commodity markets is hitting 6-month lows amid demand-side risks emanating from China.
3 Feb 2020
AXA Sees Greater Investment Opportunities in EM Green Bonds – But ESG Still Needs Improvement
Emerging market green bond investment opportunities are looking increasingly attractive to global institutional investors – but EM issuers still need to continue improving on the ESG front in order to improve global investor penetration, AXA senior economist Irina Topa-Serry says.
3 Feb 2020
Growing Non-OPEC Supply Offsets Rising Demand – National Bank of Kuwait
As trade tensions between the US and China begin to cool – at least for now – oil demand is due to grow at a modest rate of 1.2 million barrels per day, up from a multi-year low of 1 million barrels per day in 2019.
31 Jan 2020
BlackRock Fixed Income CIO: Fed’s Policy Statement “Abnormally Normal”
Rick Rieder, BlackRock’s Chief Investment Officer of Global Fixed Income says that while the Fed’s apparent commitment to continued easing and expansion is reassuring, they may look to rein in some of the ‘plentiful’ liquidity pumped into financial markets in recent years.
30 Jan 2020
Global Interest Rates Outlook: Lower-for-Longer
The underlying factors behind low interest rates are unlikely to change in coming years, meaning that the near-zero yields are here to stay, Moody’s analysis suggests.
28 Jan 2020
Global Soybean Supply to Fall Due to Lower US Production – ABN Amro
Whilst the phase one trade deal brokered between the US and China is only temporary, it is beneficial for sentiment towards agricultural commodities, argues a recent report from ABN Amro.
27 Jan 2020
Brown Brothers Harriman: Emerging Markets Preview for the Week Ahead
The spread of the coronavirus continues and is likely to weigh on risk assets and EM. Most markets in Emerging Asia are closed for all or part of this week due to the Lunar New Year holiday. China has extended the holiday until February 2 as it struggles to contain the virus. The Asian region is just starting to recover from the global trade tensions, and now it must cope with what is likely to…
27 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