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Emerging Markets: What Has Changed - Sept. 22
Article By:
Marc Chandler
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Saturday, September 23, 2017 5:54 PM EDT
In the EM equity space as measured by MSCI, Chile (+1.8%), Korea (+1.6%), and the Philippines (+1.3%) have outperformed this week, while Peru (-3.3%), Turkey (-3.0%), and India (-1.5%) have underperformed.
Trump’s October Surprise Supports Oil
Article By:
Kurt Kallaus
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Friday, September 22, 2017 4:33 AM EDT
Trump will surprise Oil markets in mid-October with new sanctions on Iran at a time when excess US petroleum inventories are in decline.Oil prices are headed for $60+ in 2018 breaking out of this 18-month trading range.
The Low Oil Price Guts Another OPEC Oil Exporter
Article By:
Steve St. Angelo
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Wednesday, September 20, 2017 10:40 AM EDT
The low oil price is negatively impacting another OPEC oil exporter as it continues to liquidate its foreign exchange reserves. Algeria, like Saudi Arabia, has seen its international reserves plummet by more than 40%.
Crude Oil Prices Remain Bid As Iraq Hints At More OPEC Measures
Article By:
DailyFX
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Tuesday, September 19, 2017 12:51 PM EDT
Crude remain bid as the Organization of the Petroleum Exporting Countries (OPEC) appear to be on course to further reduce supply, and oil prices may continue to trade higher over the near-term as U.S. refiners recover from Hurricane Harvey.
In this article: OIL
Nigeria’s Inflation Declines For 7 Consecutive Months
Article By:
Samed Olukoya
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Saturday, September 16, 2017 8:58 AM EDT
Cost of living in Nigeria rose at a slower pace for the seventh consecutive month in August.
Emerging Markets: What Has Changed- Sept. 15
Article By:
Marc Chandler
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Friday, September 15, 2017 2:51 PM EDT
In the EM equity space as measured by MSCI, Czech Republic (+2.7%), China (+2.4%), and Korea (+2.3%) have outperformed this week, while Qatar (-2.0%), Singapore (-0.9%), and Egypt (-0.7%) have underperformed.
EIA Impact Statement And Other Energy Updates
Article By:
Phil Flynn
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Thursday, September 14, 2017 9:39 AM EDT
The Energy Information Administration reported the biggest gasoline drawdown in history, 8.428 million barrels, putting gasoline supply back to a three-year low.
Brent Jumps As OPEC Said To Mull Extending Cuts On 'Worst-Case Scenario'
Article By:
The Heisenberg Report
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Tuesday, September 12, 2017 8:52 AM EDT
Oil is on the move as OPEC chatter is making the rounds.
Oil Market Supply/Demand Finally Begins To Matter Again As Commodity Funds Withdraw
Article By:
Paul Hodges
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Monday, September 11, 2017 4:14 AM EDT
It's been a long time since oil market supply/demand was based on physical barrels rather than financial flows.
Middle East Economic Challenges (As The Role Of Fossil Fuels Declines)
Article By:
Timothy Taylor
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Monday, September 11, 2017 4:09 AM EDT
For oil-rich countries, oil tends to be a very large share of government revenues and of exports. In Saudi Arabia and Kuwait, more than 60% of the citizen workforce (excluding immigrant workers from other countries) work in the government sector.
Emerging Markets: What Has Changed- Sunday, Sept. 10
Article By:
Marc Chandler
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Sunday, September 10, 2017 7:27 PM EDT
In the EM equity space as measured by MSCI, Brazil (+3.1%), Russia (+1.8%), and Colombia (+1.3%) have outperformed this week, while South Africa (-2.0%), Poland (-2.0%), and Turkey (-1.9%) have underperformed.
Emerging Markets: Preview For The Week Of Sept. 11
Article By:
Marc Chandler
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Sunday, September 10, 2017 4:43 PM EDT
EM FX ended the week on a mixed note, but still capped off a strong week overall. US data this week could challenge the market’s dovish take on the Fed. For now, though, the global liquidity outlook still seems to favor further gains in EM.
Mutiny "For" The Bounty?
Article By:
Bill Holter
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Thursday, September 7, 2017 11:30 AM EDT
China recently announced they will trade oil for yuan “backed” by gold.
Emerging Markets Are Still A Bargain
Article By:
Jeff Yastine
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Wednesday, September 6, 2017 2:26 PM EDT
Emerging markets are still the place to be. Brazil’s stock market is still cheaper than the United States. From a dumpster-diving perspective, Russia, China, and even Sweden are still some of the most undervalued stock markets out there.