Market Insights en-gb Wed, 28 Jun 2017 16:36:28 GMT 1501 BBH: EM FX Model for 3Q 2017 After a tough start to the year, EM has been able to get traction. Many EM currencies are trading at multi-year highs, while EM equities (as measured by MSCI EM) are trading at the highest levels since 2015. Market Insights 55 Wed, 28 Jun 2017 10:53:10 GMT 1500 Emerging Market Credit Daily Roundup: 27 June 2017 Zimbabwe debt rises to 53% of GDP – IMF approves Cameroon programme – SA Treasury in talks with South African Airways on debt rollover – Peru factory fire highlights labour concerns – Rotoplas places MXN2bn in local markets – Argentina’s Province of Cordoba to roadshow new RegS deal – INR loan growth at record lows – China curbs liquidity-enhancing measures – RussHydro to move ahead with bond placement in Q3 – Russia, Ukraine corporates hit by massive cyber-attack Market Insights 64 Tue, 27 Jun 2017 17:17:24 GMT 1499 CASE STUDY: QatarRE Scores Trio of Firsts on International Capital Market Debut Qatar Reinsurance Company Limited (QatarRE) found a narrow window to launch its debut US$450mn hybrid Tier 2 notes to achieve a number of firsts including the most oversubscribed issuance from the MENA region, the tightest coupon on a hybrid capital issuance in the region, and the first US dollar denominated capital market issuance from an insurance company out of MENA. Market Insights 43 Tue, 27 Jun 2017 16:24:54 GMT 1498 Emerging Market Credit Daily Roundup: 26 June 2017 Qatar CDS climb 4bp – Is Bankasi issues fresh notes – Afreximbank closed a US$750mn bond transaction – Mexico’s economy expanded in April -EcoRodovias is planning an issuance – Brazil’s courts sentence former finance minister – CJ Global Holdings issues bonds – Romania’s Economic Minister to replace current Prime Minister Market Insights 64 Mon, 26 Jun 2017 17:16:49 GMT 1497 Argentina’s Bond Ambitions May Lead to Century of Economic Pain Argentina continued its debt bonanza this month as it joined a handful of countries to offer a unique 100-year bond that proved to be an unbelievable success with investors. But as the country’s debt pile grows, some analysts have begun to wonder whether Argentina could fall victim to its own success. Market Insights 45 Mon, 26 Jun 2017 16:40:32 GMT 1495 Should Indexing Remain a Business? In constitution and performance, indexes are in large part designed to act as a mirror to the markets they reflect, with investors largely vying for ways to exploit information deficiencies and fleeting hunches to beat them. But in emerging markets, there is a huge discrepancy between the assets that compose these indexes and the actual asset class, raising fundamental questions about the purpose these tools serve. Market Insights 55 Mon, 26 Jun 2017 16:34:29 GMT 1496 Emerging Market Credit Daily Roundup: 23 June 2017 DBN gets a BBB- rating – Nigeria secures new loan from The World Bank – Norway threatens to cut Brazil’s assistance - The State Bank of Pakistan plans new sukuk - China Jinmao taps the international markets – India’s Rural Electrification Corp to issue green bonds – Belarus returns on Eurobond market – Russia’s energy minister Novak leaves Rosneft board Market Insights 64 Fri, 23 Jun 2017 16:49:33 GMT 1494 Middle East Credit Markets Brief: June 9 - June 23 GCC sukuk issuance topped US$22bn in 1H2017 – Saudi Arabia has a new heir to the throne – Saudi Arabia was added to MSCI’s watch list for a potential upgrade – UAE banks’ loan books grow by 2.13% – Dana Gas sukuk deemed “unlawful” – Qatar’s sovereign wealth fund has injected deposits into local banks to boost liquidity – QPSC said it expects to meet its earnings targets Market Insights 43 Fri, 23 Jun 2017 10:00:52 GMT 1493 Emerging Market Credit Daily Roundup: 22 June 2017 Turkey’s Eximbank signed a loan facility – Nigeria to launch first welfare program –Peru’s Finance Minister resigns - Venezuela to sell fixed income securities - China’s tapped the international markets - China Evergrande Group issued a dual-tranche bond – Gazprom to issue a Eurobond – Egypt’s IMF loan delayed Market Insights 64 Thu, 22 Jun 2017 16:47:52 GMT 1492 Venezuela State Asset Firesale Continues Amid Hard Currency Shortages Even as Venezuela continues to get rid of its last remaining financial assets in its quest for fresh cash; analysts believe that a default in the crisis-struck nation is just a matter of time Market Insights 45 Thu, 22 Jun 2017 08:46:13 GMT