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  • VanEck Blog - Emerging Markets Debt Daily

     Emerging Markets Debt Daily
    Emerging Markets Debt Daily

    Natalia Gurushina, Chief Economist, Emerging Markets Fixed Income Strategy

    EM central banks are actively adopting unconventional policy tools to minimize the virus’s impact on growth and financial stability. China’s activity is turning the corner, but the external slump remains a major risk.

    Emerging Markets Debt Daily

    March 23, 2020

    Next Stop ‒ Open-Ended QE

    by Natalia Gurushina, Chief Economist, Emerging Markets Fixed Income Strategy

    Central banks continue to line up emergency responses, with the U.S. Federal Reserve announcing unlimited QE. China’s domestic activity shows further signs of stabilization.

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    Emerging Markets Debt Daily

    March 20, 2020

    China Policy Response Defies Consensus

    by Natalia Gurushina, Chief Economist, Emerging Markets Fixed Income Strategy

    China keeps the loan prime rates on hold, defying consensus, as domestic activity bottoms out. Russia also stays on hold due to concerns that the currency’s weakness can feed into inflation.

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    Emerging Markets Debt Daily

    March 19, 2020

    Rate Cut Race to the Bottom Heats Up

    by Natalia Gurushina, Chief Economist, Emerging Markets Fixed Income Strategy

    EM central banks continued to cut rates in quick succession. The U.S. Federal Reserve corrected the last week’s policy mistake, opening FX swap lines with several major EM central banks.

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    Emerging Markets Debt Daily

    March 18, 2020

    Policy Game-Changer or Dysfunctional Markets?

    by Natalia Gurushina, Chief Economist, Emerging Markets Fixed Income Strategy

    Markets failed to react as expected to major policy announcements in the U.S. and across the globe. China’s daily coal burn points to post-coronavirus recovery.

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