Articles written by
Hicham Hammoud
Chart of the Month – Credit Dislocation
Credit Dislocation The COVID-19 crisis has translated into one of the biggest financial markets shock in history. The spread in Emerging Market High Yield Debt widened more than during the global financial crisis in 2008. Importantly, this widening happened in a matter of few weeks. This shock is also visible…
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Chart of the Month – FED vs Growth for Emerging Markets
FED vs Growth for Emerging Markets We are generally not fan of discussing EM as a single group as countries’ profiles and reaction functions are increasingly different from a country to another. But for the sake of simplification in this monthly chart we would assume so. So which EM asset…
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Chart of the Month – Emerging Makets FX Feels Woes From Trade
Emerging Markets FX Feels Woes From Trade The FED and the ECB have both recently turned more dovish, US 10Y yield is lower compared to the beginning of the year and is also well off its 2018 peak, China is expected to stabilise growth thanks to recently announced fiscal and…
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