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Iran’s foreign-exchange pressures will boost inflation

Location:

IRAN

From a rate of 39,000 to the dollar in December 2017, the rial devalued to around 65,000 in April 2018. There was a sharp spike to 75,000 after US President Donald Trump announced…

China turmoil augurs badly for global markets

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INTERNATIONAL

China's financial turmoil and its impact on global markets.

Central Europe external risks still outweigh internal

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CENTRAL EUROPE

Investors are brushing off mounting political risks in Poland despite an erosion of democratic checks and balances under the nationalist Law and Justice (PiS) government. In…

Market volatility is a gift to the gold price

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INTERNATIONAL

Gold outperformed other asset classes, including US equities, last year for the first time since 2011. However, this was due more to gold's relatively low volatility than to…

Fast growth will support Central European asset prices

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EUROPE

The muted impact on Central Europe’s financial markets of this month’s sharp declines in asset prices in Russia and Turkey.

Market conditions will outweigh Polish political risk

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POLAND

The impact of the European Commission decision to escalate the ‘rule of law’ procedure against Poland to its third and final stage.

Lebanese Shia will rely on Hezbollah parallel economy

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LEBANON

This promptly followed reports of a large explosion at a Hezbollah-linked fuel depot on a smuggling route across the Lebanon-Syria border, possibly targeted by Israeli planes.

Policy concerns will keep Turkish lira under strain

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TURKEY

Mounting concerns that a faster-than-expected global economic recovery from the COVID-19 pandemic will spur inflation, forcing the leading central banks to signal an…

Rise in volatility-linked trading raises market risks

Location:

INTERNATIONAL

Trading of volatility assets intensified this month's market sell-off.

Economic policy will be unpredictable after Turks vote

Location:

TURKEY

The TCMB has responded quickly to a new wave of lira volatility ahead of local elections, forcing banks to borrow at the overnight rate of 25.5% instead of the 24.0% policy rate…