Emerging Markets Latest GLI, September 2015

by Michael J. Howell10. September 2015 18:24

China continues to weigh down heavily on EM. The big message we get from our latest data is that China will have to devalue the RMB further. We still predict a 10% drop for 2015. In August 2015, EM Liquidity remained soft testing a sub-par index level of 32.4 (‘normalised’ range 0-100). Chinese Liquidity, which dominates, hit the lower index level of 25.6.

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