Despite a sharp drop in portfolio flows, 2018 should see broadly stable non-resident capital flows to emerging markets of over $1.1 trillion, with FDI

We turned more constructive on emerging markets some weeks ago, given that the EM sell-off eliminated some of the biggest FX overvaluations. But a

Portfolio inflows to EMs increased slightly to $7.9 billion in September, due mostly to a rebound in bond inflows to $5.6 billion-offsetting the slowd

In the wake of the latest escalation in China-US trade tensions, RMB has not resumed its sharp devaluation from a few months ago. This is because t

Scott Farnham updates on this week's U.S.-China trade news, and looks at President Trump's love/hate relationship wit

The Indian rupee is the worst-performing currency in Asia this year. We assess whether this reflects heightened external vulnerability, comparing risk metrics in the run-up to the taper tantrum vs. now. The current account deficit will widen, but not to 2012 levels. Reserves relative to external financing needs are higher now. External vulnerability persists but is less acute than in 2012.

The EM sell-off is abating as the worst FX overvaluations have shrunk, but risks related to China remain in the context of the ongoing trade war. W

Where "˜Open Banking' frameworks are being developed for the policy objectives of promoting competition and empowering consumers, these are worthwhile