Free Trial
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.
EMERGING MARKETS
ZAR & RUB continue to outperform TRY on the month as Turkish assets underperform. ZAR accelerating as outperformance in the region becomes more deeply ensconced
- SA: ZAR/TRY +5.94% m/m: high carry/real yields, balanced inflation, current acc surplus, firm commodtiies, positive fiscal/political scene supporting ZAR
- RUSSIA: RUB/TRY +3.98% m/m: Hawkish CBR, improving geopolitical scene, moderating inflation, strong oil markets (commodity supercycle).
- However, these factors are less stable than in SA with question marks still in play on geopolitics and oil (Iran deal).
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok