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Emerging Markets Feel The Heat

Central banks across key emerging markets are hiking interest rates in an attempt to shore up investor confidence in the face of tightening US monetary policy. Two of the latest emerging market...

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Global Markets: US Treasuries Show The Way

Today’s disappointing US non-farm payrolls notwithstanding, the global economy picked up momentum in July, providing initial confirmation to our view that growth had troughed and would improve in the...

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Emerging Market Currencies: TRY Harder

Most of the world appears to be adjusting to the reality that the end of the US Federal Reserve’s long-term easing cycle is finally in sight. In the past month, emerging market central banks...

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Turkey: Has Erdogan Overreached Himself?

Recent days have seen substantial public protests in Turkey against Prime Minister Recep Tayyip Erdogan, who has been in power for more than 10 years. What began as a protest against Erdogan’s...

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