Tag: South Africa Rand 2025
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Emerging Market Overview — 2026 Outlook
Introduction: Entering 2026 with Divergence in Emerging Markets The year 2026 will likely mark a turning point for emerging markets (EM). While global investors remain cautious about geopolitical risks and slowing growth in advanced economies, EM assets are positioned for selective outperformance. The overarching narrative is divergence — between regions, sectors, and asset classes. Three…
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Regional Focus — Q4 2025
Introduction: Why Regional Focus Matters in Q4 2025 Emerging markets (EM) are often grouped together as a single asset class. But by Q4 2025, the divergences between regions are too large to ignore. For global investors, regional focus is no longer optional — it is the key determinant of portfolio performance. Asia Spotlight India: The…
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FX & Currencies — Q4 2025
Introduction: FX in a Transitionary Phase Emerging Market (EM) currencies in Q4 2025 stand at the intersection of structural resilience and cyclical challenges. The strong U.S. dollar cycle that dominated 2021–2024 has lost momentum, while domestic fundamentals in key EM economies are driving differentiated performance. The narrative has shifted: investors no longer ask whether EM…
