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Presidential race takes shape in Argentina

Weekly investor research

22 June 2015

The leading contenders in Argentina’s upcoming presidential election pick running mates. Colombia’s economy shows resilience. Russia’s economy adjusts, allowing the central bank to cut rates. The labour market catches up with the rest of the economy in Brazil as business heads are drawn into the Petrobras scandal. India’s central bank proposes measures to increase foreign participation in the domestic fixed income markets. Malaysia’s inflation may have peaked following the adoption of GST in April and Indonesia’s central bank leaves rates unchanged, but eases credit conditions. A dovish Fed shunts expectations for the first hike from September towards December 2015, while the standoff over Greece continues to epitomise the inability of politicians in developed markets to grapple with the underlying economic issues.

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