The third quarter of the year was very volatile for Russian markets. The two-week growth was broken and markets experienced a fall of 13% after US lawmakers proposed “the sanctions bill from hell” in reprisal for alleged Russian meddling in US elections....
Foreign investors have been fearful this year given negative events from the US towards key emerging markets. Several rate hikes in the USA has resulted in a strong dollar, which is typically negative news for most emerging markets. The disconnect among foreign...
The price of oil has increased 23% this year. This has hurt India most, given it is a net importer, which has caused a drag on its economy and currency. On the other hand, Russia does not complain, being the largest oil producer in the world. Russia currently...
It was a tough quarter for Mongolian assets. More or less all the constituents in the MSE Top 20 Index experienced sharp declines with blue chips Tavan Tolgoi (-26%) and Apu (-13%) leading the way down. The currency lost around 3% in line with the developing market...
The third quarter was another relatively strong one for the MENA region, sharply outperforming most developing markets, cheered on by oil prices at or above $80 per barrel. Qatar (+11%), Oman (+10%) and Kuwait (+9%) were the top performing markets, while in the...
