RaboResearch - Economic Research

Economic Update

Emerging markets – US tapering has a big impact

US tapering is leading to portfolio outflows in emerging markets, especially in countries that are running both a current account and budget balance deficit.

Economic Update

Economic Update Emerging Markets

Several emerging markets continue to experience a slowdown in growth. Growth in 12Q2 went down in both Russia and Turkey, while growth in China is likely to slow down further in Q3 as well. Meanwhile, industrial production in Mexico remained strong.