While steep tariffs and current account deficits of late have sent emerging market (EM) currencies and equity markets into a tail spin, longer-term demographictrends may have larger consequencesforasset prices in developing markets.
Strong GDP growth and unremarkable Q2 corporate profits have imbued investors with confidence for the time being while a slightly weaker dollar is welcomed news for vulnerable emerging market economies; will a new trade deal with Mexico and a hypothetical dollarized Venezuela keep Latin America out of EM turmoil?
The summer has produced plenty of sizzle in the FX markets as nominal currency exchange-rate volatility, trade wars, punitive tariffs, virulent diplomatic posturing, and higher interest rates have pushed the greenback upward since February.
Detailed overview of the bankruptcy filing of Oi, the largest in Brazil's history. Introduced by Ben Miller, Managing Editor of Debtwire Latin America, a team of Debtwire analysts and reporters examine the prospects for the court-supervised restructuring of the Brazilian telecommunications company. Recorded 23 June 2016.