18 May 2017 From alleged involvement in US and European elections and military campaigns in the Middle East, Russia is rarely far from the headlines. The recent apparent agreement between Saudi Arabia and Russia to extend previously agreed oil production cuts until the end of 2017 not only may improve sentiment in energy markets, but [...]
Category: Emerging Markets
Mexican Peso: You Haven’t Missed It!
3 May 2017 The Mexican peso has enjoyed a nice rebound in 2017 following its collapse in recent years. With the Trump administration’s approach to its relationship with Mexico seemingly in a constant state of flux, investors are left to consider whether it is too late to buy the MXN or if this year’s bounce [...]
Mexico: OECD Survey 2017
This survey includes an excellent assessment of the achievements and shortcomings of Mexico's ongoing reform program. The report provides also a comprehensive anaysis of how Mexico has become an important actor in the global maunfacturing supply chain. This will be a crucial issue in assessing what is at stake during any NAFTA negotiations. Mexico-2017-OECD-Survey
Russia: Oil Production
http://www.reuters.com/article/us-russia-energy-production-idUSKBN1691XP Discipline in the non-OPEC producers like Russia is needed to stabilise ioil prices. Technological adances in the US shale oil sector seem likely to keep the oil price in the $45 to $65 range.