Egypt’s monetary stimulus to support economic recovery and ease coronavirus impacts
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In its latest report, the IIF stated that it continues to have a relatively positive view on the global economy.
Net capital flows including E&O in Egypt to reach $7.3bn by end of 2019
Foreign debt reached 35.1% of GDP at end December 2018, compared to 61.4% of GDP in European coutnries, EMs, and 41.9% in Commonwealth countries
Direction of capital flows depends on outlook for economic activity rate of growth, development of global trade tensions
January 2019 saw return of capital to EM since exodus in February 2018
Equity, debt inflows reach $8bn, $18bn, respectively
EGX30 records its worst monthly losses in almost 2.5 years, likely to end correction this week
EM problems concentrated in Argentina, Turkey, says Capital Economics
Despite political instability, emerging economies have become the preferred investment destination over low-yield developed nations
Since the beginning of the oil price crisis, emerging markets have been experience a notable decline; the worst experienced in the market since the economic crisis in 2008.
Merill Lynch, the Bank of America’s (BofA) wealth management division, released on Tuesday the results of its Fund Manager Survey for August. It showed a weakening outlook for the global economy amid fears over China, recording low sentiment towards emerging markets and the energy sector. While the concern over a Chinese recession continues, global investors …
By John Wasik Since the beginning of the year, emerging markets have been like cats on a hot tin roof. Hot money is skittering out of foreign markets as countries from Argentina to Turkey have been clawed by economic and political turmoil. But even with heightened concerns about the prospects of developing countries, emerging markets …
By Rahma Abdelaziz China once again lowered interest rates, indicating Beijing’s desire to contribute to international efforts and ensure greater liquidity in worldwide financial markets in light of the euro zone crisis. The step is similar to the one taken after the collapse of Lehman Brothers. The current move, however, may not have the same …