Clik here to view.
BRIC shares? At the right price
Is the price right? Many reckon that the sell off in emerging markets and growing disenchantment with the developing world’s growth story is lending fresh validity to the value-based investing model....
View ArticleClik here to view.
Turkey’s central bank — a little more action please
In the selloff gripping emerging markets, one currency is conspicuous by its absence — the Turkish lira. But this will change unless the central bank adds significantly to its successful lira-defensive...
View ArticleClik here to view.
Tapping India’s diaspora to salvage rupee
What will save the Indian rupee? There’s an election next year so forget about the stuff that’s really needed — structural reforms to labour and tax laws, easing business regulations and scrapping...
View ArticleClik here to view.
Bernanke Put for emerging markets? Not really
The Fed’s unexpectedly dovish position last week has sparked a rally in emerging markets — not only did the U.S. central bank’s all-powerful boss Ben Bernanke keep his $85 billion-a-month money...
View ArticleClik here to view.
Turkish savers hang onto dollars
As in many countries with memories of hyperinflation and currency collapse, Turkey’s middle class have tended to hold at least part of their savings in hard currency. But unlike in Russia and...
View ArticleClik here to view.
Steroids, punch bowls and the music still playing: stocks dance into 2014
Four years into the stock market party fueled by a punch bowl overflowing with trillions of dollars of central bank liquidity, you’d think a hangover might be looming. But almost all of the fund...
View ArticleClik here to view.
Perfect storm brewing for the rouble
A perfect storm seems to be brewing for the Russian rouble. It has tumbled to four-year lows against a euro-dollar basket. Against the dollar, it has lost around 7 percent so far this year, faring...
View ArticleClik here to view.
The hryvnia is all right
The fate of Ukraine’s hryvnia currency hangs by a thread. Will that thread break? The hryvnia’s crawling peg has so far held as the central bank has dipped steadily into its reserves to support it. But...
View ArticleClik here to view.
Banks cannot ease Ukraine’s reserve pain
The latest data from Ukraine shows its hard currency reserves fell $2 billion over November to $18.9 billion. That’s perilously low by any measure. (Check out this graphic showing how poorly Ukraine’s...
View ArticleClik here to view.
Waiting for current account improvement in Turkey
The fall in Turkey’s lira to record lows is raising jitters among foreign investors who will have lost a good deal of money on the currency side of their stock and bond investments. They are also...
View Article
