PART 1: 2015 will not be an easy year for many countries around the world. Business leaders are facing tough decisions. The large markets that account for the majority of their sales experience considerable volatility: Europe may fall back into…
Over the last few years multinationals have been increasingly prioritizing Colombia within their LATAM portfolios, particularly as other major markets like Argentina, Brazil and Venezuela fall into recession. However, as regional CFOs revise their FX forecasts across the region many…
Three factors are driving risk perceptions among financial investors and undermining the stability of the Turkish lira (TRY): 1. Public debate over economic theory A public disagreement between economists and political authorities over the relationship between interest rates and inflation…
Emerging market economies from Turkey to Indonesia were rattled last year as investors worried about the impacts of the U.S. Federal Reserve tapering their quantitative easing (QE) program. Now a similar story is playing out following the US Federal Reserve’s…
Mario Draghi, ECB President (Image: Mario Vedder/AP) After the European Central Bank (ECB) cut interest rates into negative territory in June, we asserted that central banks act when expectations miss to the downside. Once again, today was the rule and not…
The dragon’s breath is losing steam – increasing wages, mounting social tensions and unprecedented political transformation are all putting strains on the Chinese economy. GDP growth figures for 2014 have fallen from 7.5% to 7.3%, with downside scenario forecasts for…
Emerging markets are caught between the rebound in risk appetite and an appreciating dollar, according to Business Insider. Sam Osborn, Practice Leader for FSG’s Global Analytics, agrees with the article’s sentiment. “The catalysts of global currency volatility are primed to…