Macro

KyrgyzstanRussiaCurrenciesUkraineInflationEl SalvadorSaudi ArabiaUAELICsDSSIBrazilFXSri LankaIranKazakhstanCôte d'IvoireMexicoBangladeshCommoditiesMacroSouth AfricaTurkeyDe-dollarizationKenyaEgyptAEsDeglobalizationEMDEsAdvancedEconomiesIsraelArgentinaSovereignDebtSenegalGeopoliticsSurinameIndiaChina
MacroMacro
+2+2
Winner take all: the year of the unipolar market

Winner take all: the year of the unipolar market

Global capital markets are becoming increasingly unipolar even as geopolitics become more multipolar.

Paul Della Guardia
Paul Della Guardia
MacroMacro
+3+3
Which emerging markets have the best demographic growth?

Which emerging markets have the best demographic growth?

Many - but not all - emerging markets are set to benefit from demographic tailwinds

Paul Della Guardia
Paul Della Guardia
CurrenciesCurrencies
+7+7
Sink or swim: Trump 2.0 reality confronts emerging markets

Sink or swim: Trump 2.0 reality confronts emerging markets

Tariffs, deglobalization set to shift growth from EMs to the U.S.

Paul Della Guardia
Paul Della Guardia
MacroMacro
+3+3
Trump's red wave puts emerging markets under water

Trump's red wave puts emerging markets under water

Double-whammy of higher U.S. yields and stronger dollar, with peak deglobalization still to come

Paul Della Guardia
Paul Della Guardia
MacroMacro
+4+4
Rising uncertainty fails to rattle global markets

Rising uncertainty fails to rattle global markets

High economic-political uncertainty paired with low volatility amplifies market risks

Paul Della Guardia
Paul Della Guardia
Sri LankaSri Lanka
+3+3
Sri Lanka Election: Any Port in a Storm

Sri Lanka Election: Any Port in a Storm

Markets cautious on newly-elected President Dissanayake, renegotiations

Paul Della Guardia
Paul Della Guardia
MacroMacro
+2+2
Is the Washington Consensus Dead?

Is the Washington Consensus Dead?

Small island states and large emerging markets have the biggest budget deficits in 2024

Paul Della Guardia
Paul Della Guardia
MacroMacro
+1+1
Where is emerging market growth fastest?

Where is emerging market growth fastest?

EM convergence to rich-world wealth levels is concentrated in Europe and Asia

Paul Della Guardia
Paul Della Guardia
FXFX
+2+2
Reserve flunkies

Reserve flunkies

It's not just the usual suspects: some oil exporters also have low official reserves levels

Paul Della Guardia
Paul Della Guardia
MacroMacro
+2+2
The IMF's "extend and pretend" deal with Pakistan

The IMF's "extend and pretend" deal with Pakistan

Instead of "one and done", Islamabad and the Fund kick the can down the road.

Paul Della Guardia
Paul Della Guardia
CurrenciesCurrencies
+4+4
Is another crisis brewing in Turkey?

Is another crisis brewing in Turkey?

Rampant inflation and booming credit are causing external imbalances

Paul Della Guardia
Paul Della Guardia
MacroMacro
+2+2
The $20 trillion investment gap

The $20 trillion investment gap

Does international investment into the US cause asset bubbles?

Paul Della Guardia
Paul Della Guardia