Investment Weekly
Chart of the week – US Dollar and EM Assets
The stronger US dollar has put emerging market assets under pressure recently. But will this continue? We think macroeconomic trends of ongoing disinflation, Fed cuts and the likelihood of softer US growth in 2025 remain consistent with lower bond yields and a weaker USD – which should be good news for EM investors.
More from this week:
Market Spotlight
- Capital markets outlook
Lens on…
- Fed takes it slow
- Budget ambitions
- US stocks as a haven