The attempted coup in Russia produced subdued short-covering rallies in oil, gas, and grains markets, as markets over time have observed that coups, rarely result in loss of production and exports. Markets await Putin’s next move.…
Assuming yesterday’s policy rate hike is a sign that Turkey is finally veering towards orthodox economic policies; should investors rush in?
According to BCA Research’s Geopolitical Strategy service, geopolitical risk will rise before the Ukraine war is resolved, punishing eastern European emerging market assets on a relative basis. Ukraine’s…
In response to the first-ever federal indictment of a former President, investors should focus on the state of the economy and not on Trump’s legal trouble. They should also use the current market rally to stock up on protection, as…
The Turkish lira hit a fresh record low on news that President Recep Tayyip Erdogan secured another five-year term following Sunday’s run-off election. Notably, despite an economic crisis (including headline CPI inflation…
President Erdogan and the Justice and Development Party emerged as the winner of the Turkish general election which was concluded yesterday. This victory means that their expansive policies of the past decade will continue, and…
According to BCA Research’s Commodity & Energy Strategy service, oil supply management by OPEC 2.0 and production discipline outside the coalition will be maintained, forcing inventories lower. Russia’s gray…
EM oil demand remains resilient and will continue to be propelled by global growth this year. Supply management by OPEC 2.0 and production discipline outside the coalition will be maintained, forcing inventories lower. Recent price…