Argentina

Themes for today: Real economy deterioration in Argentina, Brazil and Turkey is evident. Ukraine may be isolated without contagion. US data continues to surprise to the downside. Eurozone data may surprise to the upside. Sweden may…

Themes for today: Commodities: soybean prices could fall due to increased supply. This would be troublesome for Argentina. Emerging markets: Of the fragile five, India is looking better, Brazil is still a big concern. Developed…

By Win Thin and Ilan Solot With their backs against the wall, policy changes are ramping up amongst major EM countries. Yet the positive impact has been limited so far. We do note that countries that tightened aggressively and…

Right now, everyone is talking about an emerging markets crisis due to the simultaneous turmoil in several emerging markets. I am not concerned about this being a full-blown crisis yet. At the same time, I do want to use this as a launchpad…

The global capital markets imploded in the second half of last week and investors spent the weekend contemplating the significance. The main focus was on the emerging markets, which were especially hard hit. Emerging market crisis have…

On Friday, I wrote about the slowdown in China, the bear market in commodities, and the volatility in emerging markets as being all interrelated. Of course, there is more to the selloff in emerging markets than just the slowdown in China…

Back in early December the government of Argentina raised taxes on credit card purchases in foreign currency to 35% from 20%. Online Christmas shopping abroad became increasingly expensive. However, dollars continued to flow out of the…

I am less and less concerned about the eurozone periphery over the medium term because recovery in Europe looks poised to last. On the other hand, the slowdown in China could have wide-ranging consequences, particularly for countries…

We appear to be on the cusp of a more serious crisis in Argentina, as things are moving from bad to worse. Spot ARS has dropped as much as 20% earlier today, while the implied “blue chip” FX rate has fallen nearly 10% over the past two…

Argentina's official economic growth surprised analysts with a 7.8% year over year jump in May. But can the growth numbers be trusted?