Financial markets

Financial upheaval in the emerging economies: a prelude to something else?

2018 is not proving to be a good year for financial assets of the emerging economies. Following a 2017 in which they offered high returns, 2018 has seen a return of volatility. This has been brought about by stock market losses, higher risk premiums and currency depreciations in not insignificant quantities: so far this year, the MSCI stock market index for the emerging economies as a whole has amassed losses of around 10%, the emerging markets bond index (EMBI) is showing an upturn in credit spreads of more than 50...

Monthly Report - Focus