from Breakingviews:

Asian fight against capital flight helps dollar

October 8, 2014

By Andy Mukherjee

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from MacroScope:

Shocking German figures

By Mike Peacock
October 7, 2014

A new Mercedes AMG GT super sports car rim is seen during a factory tour for journalists at the Mercedes AMG headquarters in Affalterbach

After a stunning fall in German industrial orders for August – the 5.7 percent monthly drop was the largest since the global financial crisis raged in 2009 – industrial output for the same month has just plunged by 4.0 percent, also the biggest fall in five years.

from Global Investing:

Waiting for current account improvement in Turkey

January 6, 2014

The fall in Turkey's lira to record lows is raising jitters among foreign investors who will have lost a good deal of money on the currency side of their stock and bond investments.  They are also worrying about the response of the central bank, which has effectively ruled out large rate hikes to stabilise the currency. But can the 20 percent lira depreciation seen since May 2013 help correct the country's balance of payments gap?

from Global Investing:

Banks cannot ease Ukraine’s reserve pain

December 9, 2013

The latest data from Ukraine shows its hard currency reserves fell $2 billion over November to $18.9 billion. That's perilously low by any measure. (Check out this graphic showing how poorly Ukraine's reserve adequacy ratios compare with other emerging markets: http://link.reuters.com/quq25v)

from Global Investing:

The hryvnia is all right

December 5, 2013

The fate of Ukraine's hryvnia currency hangs by a thread. Will that thread break?

from MacroScope:

China at a crossroads on yuan internationalization project

By Saikat Chatterjee
September 3, 2013

As China marks the third anniversary of the first ever bond sale by a foreign company denominated in renminbi, questions are rife on what lies next for the offshore yuan market.

from MacroScope:

Brazil’s foreign reserves are not all that big

August 8, 2013

Traumatized by several currency crises in the past, Brazil has made a dedicated effort in recent years to amass $374 billion in foreign reserves as China bought mountains of its iron ore and soybeans. When the next crisis came, policymakers figured, the reserves would act as Brazil's first line of defense.

from Global Investing:

Paid for the risk? Egypt’s tempting pound

May 23, 2013

Surprising as it may seem, the Egyptian pound has got some fans.  The currency has languished for months at record lows against the dollar and the headlines are alarming -- the lack of an IMF aid programme, meagre hard currency reserves, political upheaval. So what's to like ?

from Global Investing:

Twenty years of emerging bonds

February 25, 2013

Happy birthday EMBI! The index group, the main benchmark for emerging market bond investors, turns 20 this year.  When officially launched on Dec 31 1993, the world was a different place. The Mexican, Asian and Russian financial crises were still ahead, as was Argentina's $100 billion debt default. The euro zone didn't exist, let alone its debt crisis. Emerging debt was something only the most reckless investors dabbled in.

from Breakingviews:

China FX swap may blur Bank of England mandate

January 28, 2013

By Peter Thal Larsen

The author is a Reuters Breakingviews columnist.  The opinions expressed are his own.