Gustavo Medeiros, Deputy Head of Research, discusses various Emerging Markets themes. This week, we will go through the performance of EM asset prices year-to-date, discuss the latest manufacturing PMI surveys and finally discuss recent events in China.

Manufacturing purchasing managers’ indices (PMI) improved across most EM countries.

The Ecuadorian National Assembly approved the Law for the Defence of Dollarization.

China and the United States (US) agreed to collaborate in the fight against climate change.

The 2015 Paris Agreement introduced the legally binding goal of maintaining the average global temperature below the pre-industrial revolution average plus 2⁰ Celsius in order to avoid severe stress on natural and socioeconomic systems.

The International Monetary Fund (IMF) forecasts stronger global GDP growth at its spring meeting.

Chinese Fixed Income was one of the few safe haven markets amidst the turbulent interest rate environment in Q1 2021.

Peru is characterised by a pronounced and somewhat unusual dichotomy between deeply dysfunctional politics and generally strong economic performance.

A large containership blocked the Suez Canal last week, disrupting global trade.

Emerging Markets’ (EM) central banks adopted a more orthodox monetary policy stance with Brazil, Russia and Turkey hiking interest rates by a larger magnitude than expected by the consensus.

The International Monetary Fund published a guidance note in support of developing local currency bond markets across Emerging Markets.

The webinar covers a range of topics from long-term macro Emerging Market issues to where Mark thinks investors should be allocating in the Emerging Markets today and beyond.

Transitions are noisy, but interesting from an investment perspective.

In a recent opinion piece in the Financial Times, Ousmene Mandeng makes the point that the lending programmes of the International Monetary Fund (IMF) are defective.

The G-20 proposed to increase IMF resources via SDRs.

Fears of another ‘Taper Tantrum’ sell-off episode, similar to 2013 due to the ongoing increase in US treasury yields are misplaced.

EM is no longer a commodity play.

Inflation remains subdued in Emerging Markets (EM) despite rising inflation expectations in Developed Markets (DMs).