Suggestions of a technical default on November 26 by UAE-based Dubai World have sent shockwaves through the financial world. Not only are creditworthiness concerns reaching boiling point, but global equity markets, too, seem to initially have gone into panic mode. Business Monitor’s Liz Martins and Terry Alexander discuss the implications of a debt default by… [Read more]
During a week when the Dow Jones pushed above 10,000 and oil set up a new high this year, there certainly is plenty to look at across emerging markets (EM), and in particular in Latin America. Most Latin equities have been posting further impressive gains this week, and most currencies look strong against the US… [Read more]
As we enter the fourth quarter, Terry Alexander returns with an outlook on near-term market dynamics, and why we are not yet ready to change our long-held bullish view. Stuart Allsopp joins this podcast to give a little more fundamental insight into what is driving the rally in Gold.
Me and my colleagues at Business Monitor have remained outright bullish the Brazilian Bovespa since early August – a view which continues to look very strong in the BMI portfolio. At some point today, the position was up 10.4%, and continues to head towards BMI’s 64,000 target, following a strong weekly close last week (at… [Read more]
Foreign portfolio investment started to return to Brazil in March, following six consecutive months of portfolio investment outflows, in which a total of US$23bn fled the country, triggered by the Emerging Market-wide sell-off in September 2008. Indeed, the March-June 2009 period coincided with the rally in global equities, which saw US$6.3bn in portfolio inflows enter… [Read more]
A special podcast on the rally in global equity markets. Terry Alexander, Tim Cooper and Cedric Chehab give an outlook on where markets are heading and what this may imply about the global fundamental picture.
