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Ukraine: Fragile Economy Amid Debt Restructuring Talks

After sinking 6% in a single quarter of 2015Q1, the Ukrainian economy has probably bottomed out in the second quarter with real GDP 20% below its peak

June 2015 EM Coincident Indicator

The IIF EM Coincident Indicator rose to 2.7% in June, up by 0.5pp relative to May and 0.7pp relative to March (Chart 1). The EMCI June reading indicat

IIF SAG comments on Basel Guidance on Accounting for ECL

The IIF SAG further comments on the Guidance on Accounting for ECL following its highly productive meeting with the Basel Accounting Expert Group.' Se

IIF Dispatch: Update from Morocco

Discussions during our recent visit to Morocco highlighted improving short-term macroeconomic performance.'  At the same time, we heard increasing wor

IIF Dispatch: Update on Greece

"¢Despite expectations of a close result, the Greek electorate voted NO with a comfortable margin of 61.3%, giving the Government a clear mandate to c

IIF Dispatch: Update on Chile

CHILE: MODERATION IS A VIRTUE ' Below we highlight main takeaways from our fact-finding trip in Santiago de Chile last week. ' '· The government has l

IIF-BAFT-TCH Submission on Intraday Liquidity Reporting and Management

BAFT, IIF and TCH (collectively, "the Associations") made an industry submission on implementation challenges, outstanding issues and recommendations

IIF Dispatch: Update from Egypt

Discussions during our recent visit to Cairo underlined that a year after his election, President Sisi still faces an uphill struggle to shift the eco

IIF Dispatch: Update from Iran

Indications are that, contradictory signals from Tehran notwithstanding, an agreement (of some sort) will be reached on Iran's nuclear program by July

China Spotlight: What Happens When the Music Stops? A Closer Look at the Chinese Equity Market

The recent drop in Chinese equities is a healthy correction after a sharp sentiment fueled rally. Continued near-term volatility seems likely, but at



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