US Investment Grade: But can you bank on it?
The key to the extent of this week's, or the next couple of weeks' issuance could lie squarely on the shoulders of bank earnings. This comes after the past week's ex-SSA issuance, though living up to (lowered) expectations. definitely saw a slowdown to the torrid pace of activity we have experienced over the past three months.
Emerging Markets: A Look Back Over H1 And Our Views For The Next 6-Months
Looking at the predicted strength of the economic rebound, the policy mix, the external balances and debt levels, we believe the CZK should outperform in the coming months, whilst the PLN will underperform.
Euro SSA Snapshot: Issuers continue to lock in summer funding
It was a busy past week for participants in the Euro SSA market with EUR19.2bn raised via single currency deals alone from 17 separate lines. That marked a third straight week of rising euro supply and a big jump on the prior week's EUR10.6bn haul as issuers took advantage of a cash rich investor base to lock in summer funding.