India
Indian government bond yields remained unchanged for the third session in a row, as market participants awaited the central bank’s meeting minutes and India’s upcoming
June 25, 2024
Indian government bond yields remained unchanged for the third session in a row, as market participants awaited the central bank’s meeting minutes and India’s upcoming
Bloomberg analysts predict that Sri Lanka’s deficit will reduce to 3.8% of GDP by 2027, down from 8.7% in 2023, supported by recent tax hikes
S&P affirmed Vietnam’s credit rating at BB+, citing expected economic acceleration and manageable financial sector challenges. The outlook is stable, reflecting strong growth prospects and
Russia has continued targeting Ukrainian energy facilities, significantly impacting the country’s power system. The attacks have resulted in widespread blackouts and a loss of 9
A bill aimed at reforming the Russian taxation system has successfully passed its first reading in the State Duma. The proposed amendments include raising the
Armenian PM Pashinyan directed lawmakers and a constitutional commission to draft a new Constitution by the end of 2026. This action follows demands from Azerbaijani
The ruling New Azerbaijan Party has proposed that the president dissolve parliament and schedule an early parliamentary election. This move aims to avoid a clash
Kazakhstan’s President Tokayev has signed a controversial media law, which has been criticized for potentially restricting press freedom. The law includes provisions to deny accreditation
The Ghanaian cedi weakened against the USD ahead of an IMF Executive Board meeting set for June 19, with rates moving from GHc 15.15-15.35 to
Guinea’s central bank held its key interest rate at 11% to manage inflation and counter risks from natural disasters. The economy grew by 4% in
Amid rising protests, Kenya’s government agreed to drop certain taxes, including VAT on bread and levies on motor vehicles. Officials warned that these measures could
Senegal plans to raise the fiscal deficit to 4.5% of GDP in 2024-25 to accommodate rising energy subsidies and interest payments. An IMF mission reviewed
Somalia’s economy is forecasted to grow at 3.1% in 2023, up from 2.4% in 2022, driven by favorable weather and government policy reforms. The growth
Traders anticipate a potential easing cycle by the South African Reserve Bank by Q4 2024 as inflation expectations drop. The five-year breakeven rate decreased to
Tunisia’s trade deficit decreased by 20.8% YoY to TND -6.4 bln by the end of May, with imports declining by 2.5%, while exports rose by
Argentina’s central bank sold USD 156 mln in the spot market, marking the largest sale under President Milei’s administration. This month, the bank’s purchases have
Bolivia’s YPFB announced its willingness to utilize its pipeline network to transport Argentinean natural gas to Brazil, handling up to 10 mln cubic meters daily.
Brazil entered the global bond market for the second time this year, offering seven-year sustainable notes with an initial price talk of around 6.625%. The
Costa Rica’s trade deficit increased to USD 279 mln in May, up from USD 175 mln a year earlier. The rise in exports was led
Morgan Stanley mentioned it is increasing its investments in Latin America, citing its strategic importance amid global geopolitical shifts and deglobalization trends. The firm is