Updates

Emerging Market Rating Actions Stabilise in 1H21

July 16, 2021/Fitch Ratings Emerging-market (EM) sovereign ratings have been fairly stable in 2021, with only four downgrades and no upgrades, after a net 30 downgrades in 2020, Fitch Ratings says in a new report. EM sovereigns with Negative Outlooks exceed those with Positive Outlooks by 20, signalling that further […]

Bearish Sentiment to Persist at the Bond Secondary Market

July 16, 2021/CSL Research In July, performance at the bond secondary market has been mixed, with signs of an inflection point from the bearish sentiments witnessed from the start of the year. In our view, this pattern is being largely driven by the liquidity, as expected maturities and coupon payments […]

June 2021 Inflation Flash: Headline inflation moderates for the 3rd consecutive month

July 16, 2021/United Capital Plc Click here to download our inflation flash. Headline inflation moderates for the 3rd consecutive month   Earlier today, the National Bureau of Statistics (NBS) released the inflation figures for Jun-2021. Notably, the headline rate rose by 17.75% y/y, lower than our forecast of 17.86% and consensus […]