Emerging Markets

Nouriel Roubini talks with the Wall Street Journal's Simon Constable in the video below about both the developed economy – emerging economy divide that has developed as well as the challenges ahead for the US economy.  His view on both…

by Win Thin EM currencies are getting hammered in this latest bout of risk off trading, though the performance is very mixed across the asset class. Given that markets are now punishing EM currencies with weak fundamentals or where…

By Win Thin Reserve Bank of India hiked interest rates by 25 bp yesterday, as expected. Reverse repo rate is now 5.5% and the repo rate 6.5%. The RBI said it will hold its mid-quarterly policy review on March 17 under the recent switch…

Here are a bunch of the participants from this year's Barron's Investor Roundtable discussion talking to Michael Santoli about the ideas they expressed.

By Win Thin Brazil central bank hiked rates 50 bp late yesterday to 11.25%, as expected, though some chatter was heard about a possible 75 bp move. It said the move was the beginning of an adjustment process that along with “macro…

By Win Thin It’s all about monetary tightening in EM today. PBOC hiked reserve requirements another 50 bp today, effective January 20, and has hiked a total here of 350 bp since starting in January 2010. This comes after the Christmas…

by Edward Harrison Brent Crude is still trading above $98 a barrel. And agricultural commodities remain at extremely elevated levels. World food prices are at all-time highs. The worry is inflation in consumer prices that is not matched by…

By Win Thin Brazil announced that it is allowing its Sovereign Wealth Fund (SWF) to trade currencies and currency derivatives (futures).  The SWF is managed by the Treasury, and so this gives the authorities another channel through…

By Edward Hugh The recent decision of the Turkish Central Bank to lower rather than to raise interest rates in an risky attempt to quench the inflation flames that many feel are threatening to engulf what some call an “overheating”…

We know that the Chinese have turned to price controls to stop the rise in food price inflation. Everywhere in the emerging markets, where incomes are lower than in the developed world, the rise in commodity prices is putting huge strains…