emerging market currencies

Vulnerable Time for Emerging Market Currencies

July 19, 2018

The combination of a tightening Federal Reserve policy, escalating tariff warfare, and heightened geopolitical uncertainty can be particularly risky for the currencies of developing and emerging economies. They tend to be heavily dependent on trade as an engine of economic growth and reliant upon inflows of foreign capital to cover current account deficits. Also, the […] More

Collateral Damage from Prospect of More Fed Tapering

January 24, 2014

Share prices have slumped 3.4% in Spain, 1.9% (and 304 points) in Japan, 1.8% in Italy, 1.4% in France, 1.3% in Hong Kong and Indonesia, 1.1% in India and Germany, 1.0% in Britain, 0.8% in New Zealand and Singapore, and 0.4% in Australia. Ten-year sovereign debt yields are down 8 basis points in Britain, 3 […] More