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Emerging Market Outlook Getting Better

Economic update» |

May 5, 2016

Emerging Markets Macro Momentum has significantly improved between March and April. From a regional perspective, EM Asia (ex-Korea) has gained the most, while EEMEA (Eastern Europe, Middle East and Africa) has marginally improved. Latin America remains the area with the worst Macro Momentum. Here the focus is primarly on Brazil. We do not think that the impeachment per se is a game changer for the country. The overall situation remains very tricky.


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