The Chinese economy continues to recover strongly.

The market is starting to price broad US dollar (USD) debasement.

Does 9 times higher yield in EM than in US bonds make for an attractive investment proposition?

Fundamentals are improving rapidly in Asia in support of the ‘First-in, First-out’ investment thesis.

The classic EM risk roll-down is now on full display with Chinese stocks outperforming on the back of stronger than expected economic data.

EM PMI’s rose close to 50 in June as EM equities outperformed DM equities last week.

Policy rate cuts by the central banks of Hungary, Philippines and Mexico took EM policy rates to a new all-time low.

The three largest Andean countries (Colombia, Chile and Peru) announced steps to increase fiscal expansion.

The number of coronavirus cases is increasing again in Latin America, one of the few regions where the spread of the virus is still accelerating.

The common characterisation of US-China relations as a new Cold War is wrong.

EM CPI inflation declined to a record low in May, according to preliminary data.

It cannot have escaped investors’ attention that stock markets are surging and spreads are tightening.

The coronavirus outbreak was an unprecedented shock to the global economy, which experienced the fastest and deepest recession outside times of war.

China’s National People’s Congress approved new security legislation for Hong Kong.

Ecuador implemented further economic reforms.

The finance ministers of 16 African countries requested a 2 year suspension of payments to debt owed to International Financial Institutions (IFIs), but said debt relief should not be conditional upon suspension of payments on Eurobonds.

Everyone knows why the Soviet Union and the Eastern Bloc countries lost the Cold War: economics.

Index-weighted CPI inflation declined to the lowest level in nearly two decades.