Things are not looking good for Brazil’s Real – news articles flooded with reports of a ten-year low of the Brazilian currency against the US dollar. After a turbulent presidential election and international oil prices hike, those factors finally hit the country’s economic very hard. Having said that, could bitcoin be a good way to … Continue reading
“The agreement on the BRICS $100 billion currency reserve pool came into force Thursday. The fund was set up by the developing nations group to protect their national currencies from volatility in global markets,” RT reports. “The arrangement is important not only because it provides the possibility to quickly obtain additional liquidity, but its very … Continue reading
Most nations in South America are either already experiencing an economic recession or are right on the verge of one. In general, South American economies are very heavily dependent on exports, and right now they are being absolutely shredded by the twin blades of a commodity price collapse and a skyrocketing U.S. dollar. By Michael … Continue reading
Many investors in Brazil, including us, have been a little frustrated over the past couple of years with its lack of growth and progress. Gross domestic product (GDP) in Brazil grew a mere 0.2% in 2014 (estimated), a far cry from the 7.5% it saw in 2010.1 However, we believe Brazil has all the elements … Continue reading
Brazil’s is an unusually closed economy as measured by trade penetration, with exports plus imports equal to just 27.6 per cent of GDP in 2013. By Otaviano Canuto, Cornelius Fleischhaker and Philip Schellekens Brazil’s large size is often used to explain its relative lack of openness. But this argument does not stand up to scrutiny: among … Continue reading
By EM Bits (A stranger in the city asks questions no one has asked before. Known only by his initials, P.K.’s innocent questions and childlike curiosity will take him on a journey of love, laughter and letting-go.) India is facing two very different protests. First, the coal unions will start a 5-day strike against a … Continue reading
By ETFalpha Global Emerging Markets expressed as iShares MSCI EM ETF (EEM) have been remaining in both negative trend and momentum. However, if the recent market bounce appears to be sustainable during the week commencing December, 21st we may see momentum turing into positive territory. Assuming that’s the case we would be recommending to increase … Continue reading
By ETFalpha Contact(at)ETFalpha.uk What an interesting week for global stocks and Emerging Markets. The levels of volatility jumped significantly with the VIX Index reading increased by more than 78% for the week! Both Emerging and Frontier Markets lost around 6% predominantly due to plummeting oil and generally commodity prices. Technically things look awful as both … Continue reading
Emerging and Frontier Markets are an asset class itself these days and offer investors amazing opportunities. The challenge is to harness the amount of volatility relatively bigger versus the other equity asset classes. Also the universe of ETFs in that space is pretty big and any successful asset allocation approach has to follow a well … Continue reading
Chinese President Xi Jinping met with Dilma Rousseff, the president of Brazil, in Brisbane, Australia, today. The meeting was dominated by China-Brazil railway infrastructure closer cooperation. According to the Xinhua news agency, the relationship between China and Brazil has a promising future, noting that he and Rousseff reached broad consensus on deepening bilateral cooperation in all fields … Continue reading