If emerging markets are to lead global economic performance one again as they did in recent years, an important foundation will be to convince as many people as possible that reported growth data are as accurate as they can possibly be.
If there is any silver lining for emerging market currencies after their thrashing in August, it is that they are probably now so cheap they don't have much room to weaken any further.
For all its single-minded focus on lowering inflation, India's central bank may be forced to acknowledge slowing growth in Asia's third largest economy by cutting interest rates -- probably faster than it expected.
South Africa's second quarter growth undershot economists' expectations in spectacular fashion on Tuesday, a clear signal emerging markets face torrid times.
from Global Investing:
I have to admit, I was a little surprised. The invitation to a book signing came from an emerging markets investment firm by one of their investment professionals and on the face of it didn't really excite me. But I do have a lot of respect for the individuals at the firm and there was a quality to the invitation, one that didn't say hard sell, that compelled me to go and see.
Brazil's monthly inflation rate eased below 1 percent for the first time this year in April and inflation expectations for 2016 have dropped for the first time in two and a half months.
Expectations may have been pushed to later this year for when the U.S. Federal Reserve will hike interest rates, but a repeat of another steep sell-off in emerging market stocks appears unlikely as much has already been priced in - and because of the stronger dollar.
The rapid erosion of Brazil's job market is taking most economists by surprise, an analysis of Reuters Polls data shows, in a worrying sign that already-grim expectations for Latin America's largest economy have not been pessimistic enough.
from Morning Bid with David Gaffen:
The International Monetary Fund will decide later today whether to approve a big package of bailouts for Ukraine - provided the country, struggling with a weak economy, a sharp decline in oil prices and a conflict with Russia, can figure out a way to get about $15 billion from its creditors. Ukraine would have to keep its debt-to-GDP low enough so that the IMF doesn't feel like it's sticking its neck out too far.