Thursday, 27 June 2013

Next 11 Emerging Markets Update

• In the wake of Federal Reserve chief Ben Bernanke announcing that the U.S. central bank could start winding down its monetary easing policy Mexican stocks, bonds and the peso all fell. However a strengthening U.S. economy should support Mexican growth.
• We are keeping with our low exposure to Egypt due to the on-going political tensions that are seemingly holding back attempts to boost the economy.
• The Bangladesh ETF returned a positive figure for the past week. The central bank approved $154 million worth of investment to boost electricity supply and enable a number of textile investments.

Read the full report here N-11 Market Update 21.06

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