EMerging Equity
Market Selloff
$11 Trillion Wiped Out From Stock Markets In Third Quarter
By Kristian Rouz Imbalances in international trade, the dollar’s strength, low commodity prices and capital flight from emerging markets have all contributed to the increased financial and economic risks this outgoing quarter, albeit the short-term outlook is getting better due to faster growth in the US and the Eurozone. As third quarter earnings season nears, both … Continue reading
Is China’s Economic Luck Running Out?
By Dr Ilan Alon, University of Agder At the end of April 2015, FXI — China’s prestigious Xinhua China 25 index, a key indicator of China’s stock market value — climbed dramatically, reaching over US$52 per share. By 5 September, the index had dropped to a low of about US$33 per share, representing the destruction of … Continue reading
Commodity Exporters Facing Difficult Aftermath Of The Boom, IMF Says
With a weak outlook for commodity prices, particularly for energy and metals, growth in commodity-exporting emerging and developing economies could slow further over the next few years, says a new study. The study, published in the forthcoming 2015 World Economic Outlook, suggests that the recent declines in commodity prices could shave off one percentage point … Continue reading
China’s Road To Recovery Brings Emerging Market Turmoil
By Miguel Ferreyra de Bone Following the decision of the Chinese government to trim interest rates and adjust the requisites of bank reserves for commercial banks, we are starting to see some improvement from the 20% loss in the Shanghai stock exchange last week. More losses in emerging markets should be expected, however. The financial turmoil that the … Continue reading
Emerging Market Rout Deepens With No End In Sight
A rout in emerging market (EM) stocks and currencies has deepened amid a series of devaluation events, oil prices at a six-year low and continuing to plunge amid a global glut, concerns about the U.S. Fed hiking interest rates, and growth concerns in China. Indeed, last week was a rough week for emerging markets: EM currencies … Continue reading
South Korean ETF Weekly Outflow Reaches Most On Record Amid Tensions With North, EM Rout
The largest exchange traded fund (ETF) that tracks South Korean equities, The iShares MSCI South Korea Capped ETF, just saw the largest weekly outflow since its inception back in 2000 as a rout in emerging markets deepens, oil prices continue to fall, concerns about the U.S. Fed hiking interest rates, and as tensions grow in the Korean peninsula between North and South Korea. … Continue reading
ADB Throws $1B Lifeline To Kazakhstan To Help Counter Economic Slowdown
The Asian Development Bank (ADB) said on Friday that it has approved a loan of $1 billion for Kazakhstan in an effort to help counter an economic slowdown driven by a tumble in global oil prices that forced the nation to devalue its currency, the tenge. “This loan from ADB’s Countercyclical Support Facility will give the country the fiscal leeway … Continue reading
Sell-Off In Commodities And Emerging Markets Probably Over Says BofAML
“Fund managers are bailing on emerging markets, commodities and energy-related stocks at a record pace, suggesting that capitulation could be at hand, according to the latest fund-managers survey from Bank of America Merrill Lynch,” MarketWatch reports. Fears on Greece have been replaced by fears of Chinese recession / EM debt crisis. This has manifested … Continue reading
China Cuts Interest Rates To Record Low As Stock Market On Cusp Of Bear Market
China’s Central Bank has cut interest rates to a record low and has lowered the reserve-requirement ratios (RRR) for some lenders as Beijing seeks to revive the country’s sluggish economy which is poised for the slowest economic growth in twenty-five years. The interest rate cut by China’s Central Bank, the People’s Bank of China (PBOC), is the fourth cut … Continue reading
Follow Us On Social Media
The SSE Intl Roadshow
Our Discussion Groups
Our Social Media Readers
