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  •  Daily Emerging Markets Debt Insights
    Emerging Markets Debt Daily

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

    China’s slow sequential Q1 growth reflected the virus’s winter resurgence. Poland’s core inflation is nearing 4%, but the central bank remains uber-dovish.

    Emerging Markets Debt Daily

    April 15, 2021

    Russia – New Sanctions, Limited Concerns?

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

    The new U.S. sanctions on Russia restrict access to the primary market for Russian government debt. Turkey kept the policy rate on hold, but removed tightening bias.

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    Emerging Markets Debt Daily

    April 14, 2021

    China Tackles Local Governments Debt

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

    China introduces new regulations to reign in local government financing. Big inter-regional differences in the size of net interest payments are set to persist in EM in the coming years.

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    Emerging Markets Debt Daily

    April 13, 2021

    China Trade – Putting Things in Perspective

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

    China’s imports are trending up, in line with the domestic recovery. Brazil is frantically trying to solve this year’s fiscal puzzle.

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    Emerging Markets Debt Daily

    April 12, 2021

    China Policy Normalization – Get Used to It

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

    China’s monetary and credit aggregates shows that policy normalization is well underway. Turkey’s rising unemployment suggests that pro-growth policies might stage a comeback.

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