Emerging Markets Outlook 2012

You will find this presentation interesting!
 
The outlook for Emerging Markets in 2012 comprises so many interesting and globally important stories!
 
Major themes in 2012

• Euro crisis will be the key theme in the beginning of the year
• Two themes will gradually gain importance:
• 1. The Global Power Shift from advanced economies to emerging
• 2. Occupy Main Street

 
EM FX Outlook

• EM FX to perform in 2012
• Limiting FX weakness will be a key policy objective
• Fundamentals will matter more

 
EM Rates Outlook

• EM Rates to trend lower in 2012 on lower growth and inflation
• Asian, Latin central banks will be more dovish than the European
• Protectionist hikes will remain on the agenda in H1 2012

 
Read the full report that is linked below.
 
Best regards,
Anders Svendsen

Other news

Week ahead: Central bank intervention looming?

18 May 2012 | Jan von Gerich

All eyes remain on anecdotal news on how depositors in Greece and outside the country are reacting to the recent events. In terms of economic data releases, the main focus will be on flash PMIs for May.

China: PBoC cuts reserve requirement rates

18 May 2012 | Annika Lindblad

The central bank (PBoC) cut reserve requirements by 50 bp last weekend, thus continuing to ease monetary policy. However, the pace remains slow, and we do not think the PBoC is done yet.

Government Bond Market Update

18 May 2012 | Gaute Langeland

The upcoming auction has potential to disappoint. Positioning in the market is less supportive than it has been for a long time as dealers are no longer short and unlikely to continue buying much more supply at current levels.