Free Trial

CEMEA Rates Diverge as Central Banks Take Independent Paths

EMERGING MARKETS
  • Russia: Risking inflationary pressures and increased hawkish momentum from the CBR amid a hiking cycle forcing a bear flattening of the domestic OFZ curve M/M


  • SA: Contained inflation and a central bank on hold bolstered by strong fundamentals driving a bull flattening of the local curve M/M.


  • Turkey: Central bank on hold, but concerns over credibility keeping investor sentiment low and driving a bear steepening of the local curve M/M.

MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.