Sentences with phrase «said emerging market currency»

Not exact matches

And while most emerging market debt continues to be issued in local currencies, the IIF said that foreign currency denominated debt issued in these nations swelled by $ 800 billion last year to a record high of $ 8.3 trillion.

Higher U.S. yields can put pressure on the currencies of emerging market countries that run current account deficits such as Indonesia and India, said Satoshi Okagawa, senior global markets analyst for Sumitomo Mitsui Banking Corporation in Singapore.

«The most significant drag is primarily felt by emerging market economies, who tend to be more sensitive to shifts in global risk sentiment, which can also have large adverse effects on capital flows and currency valuations,» the note said.

He said the central bank's rate rise talk could restart the negative feedback loop that took place this year, when a strong dollar leaned on emerging markets currencies, including the Chinese yuan, and commodities prices, creating tight financial conditions and economic weakness.

Malaysia's economy and currency are suffering from «an almost perfect storm» due to an outflow of funds from emerging markets, low oil prices and China's slowdown, the country's economic planning minister said on Tuesday.

The dollar's rally since Trump's surprise win in Tuesday's vote is causing turmoil in emerging markets, prompting Malaysia's central bank to say it may act at times of extreme volatility, while India and Indonesia were said to have supported their currencies on Friday.

«These dynamics are one reason why we prefer European equities and emerging - market currency,» says Sheets.

Kelimbetov blamed international market forces for Kazakhstan's currency woes: US tapering, he said, had led to capital flight from emerging markets, causing downward pressure on the tenge.

Timothy Ash, head of emerging markets research at Standard Bank, said the Russian rate rise reminded him of Turkey, which delivered a massive hike in interest rates in January to defend its currency.

«Among the characteristics needed to join the elite group are stable macroeconomic policies,» says Kate Phylaktis, director of the Emerging Markets Group at Cass Business School, City University of London, adding «prudent fiscal policy, low inflation and a stable currency, political stability, good - quality institutions, good infrastructure (especially transport) and above all, education.»

Regarding U.S. monetary policy, the IMF said it still remains «very accomodative,» but that the possibility of future rate hikes «have contributed to tighter external financial conditions, declining capital flows, and further currency depreciations in many emerging market economies.»

«At RBC Global Asset Management, we continually strive to meet the evolving needs of our clients by providing them with new and innovative investment opportunities,» said Doug Coulter, president of RBC GAM Inc. «Investors and advisors are increasingly looking for well - diversified investment options and we are pleased to leverage our depth of expertise in emerging market currencies with this new fund.»

«Many investors are looking for exposure to emerging markets, but do not have the risk appetite for emerging market equities or emerging market local - currency debt,» said Fijalkowski.

Philips said currency volatility in emerging markets such as Turkey, Argentina, and Indonesia and weak orders for healthcare equipment would mean a slow start to the year.

Deutsche Bank says it pays about 41 basis points on an asset - weighted basis to hedge currencies across its emerging - market fund, buying forward contracts on each currency exposure within the ETF.

If I can eventually target increasing my emerging market / other currencies allocation to about 45 %, that allows me to scale down elsewhere: Let's say to 25 % on EUR, 17.5 % on USD and 12.5 % on GBP.

Swan says that hedging the entire position generally protects U.S. investors from adverse currency effects because emerging markets and their currencies tend to rise and fall in tandem.