FM

Emerging Markets - A Changed Asset Class?

Investors have traditionally considered emerging markets to be riskier than developed markets. Recent data point to significant changes in EM fixed income and equity markets. EMs remain resilient during recent DM hiking cycle. EM growth is not as dependent on China as it used to be. Investors may be getting more attuned to these shifts.

IMF boosts 2024 global growth outlook as U.S. economy powers on

IMF boosts 2024 global growth outlook as U.S. Economy powers. The International Monetary Fund projects 3.2% growth in 2024. U.s. Real GDP is expected to rise 2.7% in 2024, up from 2.5% in 2023. Growth in China expected to be 4.6%.

Weekly Report: what happened at FM last week (0408-0412)?

Copper price forecast raised to $9,200/tonne at BMI on tight supply, China optimism

Copper price forecast raised to $9,200/tonne at BMI on tight supply, China optimism. Copper prices fell on Thursday, weighed down by a stronger dollar, after rising to their highest level since January 2023. The metal was trading 0.4% lower at $4.27 per pound on Thursday. BMI raised its 2024 average annual copper price forecast from $8,800 to $ 9,200.

Emerging Markets Activity Expands At Fastest Pace In 10 Months

Emerging Markets Activity Expands At Fastest Pace In 10 months. Incoming new business for emerging market goods and services rose in March at the quickest pace since last May. India continues to lead growth in both the manufacturing and service sectors. In March emerging markets growth accelerated at the fastest pace since May 2024.

Playing Demographic Divergence Now

By 2050, one in six people globally will be over the age of 65. The number of people of working age is shrinking across developed markets but growing in emerging markets. Working-age populations are declining in major economies. We favor countries that are better adapting to the demographic shifts.

Weekly Report: what happened at FM last week (0401-0405)?

Just Transition And Emerging Markets: Weighing The Risks

The concept of a "just transition" is gaining ground among investors concerned about the social risks of moving from fossil fuels to alternative energy sources. Coal- or oil-exporting countries with undiversified economies may face significant transition risks. These risks are particularly high in emerging markets. The Just Transition Index measures countries across a range of key indicators.