22 Feb 2012
The decent - and sustained - pace of inflows into local currency emerging market debt year-to-date confirms the asset class's mainstream allure, according to Barclays Capital. But capital controls inhibit access for big-ticket investors.
22 Feb 2012
Egypt has been the biggest gainer in global equities so far this year, despite the country’s dire situation – but investors there may be less delusional than some
21 Feb 2012
Hard currency and local currency EM equity returns have moved in lockstep over the past decade – suggesting little reason to hedge FX risk when investing
20 Feb 2012
The correlation between developed market equities has fallen dramatically year-to-date, a boon for the rally's prospects, according to Nomura.
20 Feb 2012
Emerging market stocks have been tracking developed markets more closely than ever in recent years – but this doesn’t have to stop them delivering better returns
20 Feb 2012
The eurozone is blowing up, central banks are forever blowing bubbles, markets are drunk on liquidity and the hangover will be the worst in living memory. Monday thoughts from Nomura's Bob Janjuah.
17 Feb 2012
Our selection of emerging markets-focused commentary on markets, economics and international policy, updated throughout the week
17 Feb 2012
A Middle Eastern analyst waxes lyrical about the uncomfortably fat tail risk of military conflict with Iran.
17 Feb 2012
Greek solvency woes, Chinese debt burdens and Middle East political risk. Markets have shrugged off these global headwinds year-to-date principally thanks to gigantic monetary stimulus from the ECB.
16 Feb 2012
Even if the ECB’s financing operations have reduced the risk of a sudden stop in flows to Emerging Europe, growth will be hit by eurozone bank deleveraging, says Capital Economics
16 Feb 2012
Sovereigns turning to sukuk to replace traditional financing is the lead story in our round-up of this week's articles on Emerging Markets Online
16 Feb 2012
Korean equities look strikingly cheap compared to most of Asia, especially given the growing global reach of leading firms – but corporate governance issues explain the gap
15 Feb 2012
Valuations for Eastern European equities are attractive despite the risks, say analysts at Credit Suisse
15 Feb 2012
After Western aid fails to come through, Egypt is attempting to tap the sukuk market to plug its financing gap - but getting a deal off the ground will be easier said than done
15 Feb 2012
Recent data suggests the economy could avoid a hard landing in 2012 – but if the global market backdrop darkens, the seeds of Turkey’s instability have already been sown
13 Feb 2012
China's sovereign wealth fund's restatement that it won't invest in eurozone rescue funds shines a light on its investment preference: physical assets in Europe.
13 Feb 2012
China has told its banks to roll over a huge number of loans, according to the FT, but the debt clock continues to tick – much more transparency is needed.
13 Feb 2012
Venezuelan bonds could be on the cusp of a massive rally if the opposition candidate, Henrique Capriles Radonski, dethrones Chavez at the October election.
07 Feb 2012
Jordan's ambitious energy independence plans should be met with fiscal tightening at a time when Saudi-style stimulus demands have snowballed
07 Feb 2012
US fast-food conglomerate Yum! Brands' latest China sales figures and Chinese expansion efforts serve as an imperfect bellwether for the Asian nation's retail outlook
06 Feb 2012
EM sovereign dollar bonds have markedly under-performed their credit default swap cousins and comparable US corporates, possibly down to the fact Western banks face higher inventory charges.
06 Feb 2012
Investors could turn on Romania if it abandons its tough austerity commitments following the resignation of prime minister Emil Boc, analysts warn
03 Feb 2012
It feels like 2010 again: an EM currency rally, US angst over Chinese currency policy, and global 'currency war' fears.
03 Feb 2012
Can a Ben Bernanke/Wen Jiabao put save the global economy?
03 Feb 2012
Here's a crib-sheet charting London's role as an offshore trading centre for the renminbi. But don't confuse these market developments with making the Chinese currency fully convertible.
02 Feb 2012
The IMF has given Argentina six months to improve the accuracy of its inflation numbers, amid warnings that continued under-reporting will lead to a painful adjustment and possible recession
01 Feb 2012
A cosy consensus has emerged that emerging market currencies can maintain their upward bias given strong liquidity conditions and attractive valuations.
31 Jan 2012
Weaker Brent crude prices - especially in local currency terms - are likely to buoy Asia markets, and boost monetary easing. But it's a different story for EEMEA, according to a Bank of America report.
31 Jan 2012
Further liquidity operations by the US Federal Reserve and the European Central Bank won't directly result in a flood of capital to emerging markets, analysts suggest.
31 Jan 2012
The monetary policy/risk on-off dynamic holds the key as to whether EM currencies can continue their storming start to 2012.
27 Jan 2012
Our selection of emerging markets-focused commentary on markets, economics and international policy, updated throughout the week
27 Jan 2012
Markets are betting that EM central banks will cut rates in earnest, but their capacity to act remains constrained by ongoing concerns over currency, capital flows and inflation
26 Jan 2012
Brazil’s central bank indicated that interest rates will fall below 10% this year, but how far they cut and for how long will depend on fiscal policy
26 Jan 2012
The US Federal Reserve has strongly hinted that it may sanction a further round of quantitative easing in the coming months, posing policy challenges for emerging markets
25 Jan 2012
China is the undisputed king of the Brics for Apple, highlighting the country’s huge – but all too often derided – consumption story
25 Jan 2012
Hungary’s surprise rate hold does not suggest that Budapest is close to an agreement with the EU. Expect more rate rises, currency weakness and rising bond yields, analysts warn
25 Jan 2012
The IMF has uncovered that a $32 billion accounting discrepancy in Angola's budget is linked to state oil firm Sonangol. A massive shift in Luanda's institutional framework and political culture is needed to weed out fiscal slippage.
25 Jan 2012
IIF sounds alarm on Western bank retreat from emerging markets, as capital flows are forecast to fall to $746bn this year.
24 Jan 2012
The European Bank for Reconstruction and Development forecasts 3.1% GDP growth in the region in 2012, but warns that any worsening of the eurozone crisis could trigger recession
23 Jan 2012
Was Warren Buffett's appearance on Chinese TV over the weekend an attempt to reassure retail investors that China's market rally will continue?
23 Jan 2012
China's repressed financial system has heaped on the risk that the central bank will soon sit on large losses on its FX holdings, a fillip for SWF-led investments
23 Jan 2012
Investors are betting on a slew of EM rate cuts this year but FX volatility and stubborn inflation might spoil the stimulus party
23 Jan 2012
Asian export economies are now better insulated against a slowdown in Europe and the US than they were in 2008-9, according to new research
20 Jan 2012
The apparent decoupling between asset markets – EM equities, in particular - and continued macro stress this week is a source of optimism for some and fear for others. Take your pick.
19 Jan 2012
Sell-side analysts are once again calling for emerging market equities to outperform, based on attractive valuations. Will they be right this time?
19 Jan 2012
Crisis talks with private sector debt holders are reaching a climax, but even if a deal is reached, it will do little to resolve Greece’s chronic fiscal problems
19 Jan 2012
Warnings that loose monetary policy to turbo-charge growth to 7% could sow the seeds of a hard landing in two years time
19 Jan 2012
Mexican pension funds – holding some $121bn of assets – have generated strong real returns in recent years and could provide a strong technical bid for domestic stocks
18 Jan 2012
A new Vienna Initiative is urgently needed to prevent financial system meltdown in Central and Eastern Europe, key stakeholders have warned
18 Jan 2012
Currency weakness has driven energy costs in Europe to near-record highs, analysts warn
18 Jan 2012
A Lehman-type event in Europe or the US could shave more than 4% off GDP growth in developing nations, the World Bank has warned
17 Jan 2012
The European Commission has launched legal proceedings against Budapest, raising the stakes in bitter negotiations over a financial rescue package
17 Jan 2012
Talks on a new Vienna Initiative to prevent banking sector collapse across Central and Eastern Europe have so far failed to yield concrete results
16 Jan 2012
Standard and Poor's decision to downgrade nine eurozone sovereigns has heightened the risks for Central and Eastern Europe, experts warn
16 Jan 2012
The odds of a balance-of-payments crisis in Egypt are uncomfortably high, despite talks this week between the capital-starved nation and the IMF
16 Jan 2012
Goldman Sachs has forecast robust industrial commodity price growth in 2012, despite signs of a Chinese slowdown