Sovereign Risks in Asia?
The Iberian economies are facing structural issues, such as budget imbalances and labour inflexibilities, which meant they were among the weakest performing economies in Europe in 2009. 2009 GDP grow...
Equity markets continue to be volatile with the focus of the market currently on Greece’s large debt problem. The credit default swap spreads on Greek sovereign have widened out to levels higher than ...
Asian equities fell in tandem with global stockmarkets. Continued concerns over monetary tightening in China, coupled with fears of sovereign debt contagion across the Eurozone and mixed US unemploy...
Concerns that Chinese monetary tightening will trigger a hard landing in China, increasing US bank regulation and continuing financial stress in Greece have contributed to a pullback in share marke...
South Africa’s consumer prices climbed in December. India and Sri Lanka also saw inflation accelerate in January. Most central banks kept benchmark interest rates unchanged, but Hungary pared rates....
The UK became the last major economy to turn around, though GDP expanded only a meagre 0.1% in the fourth quarter. Further, house prices jumped in January, while consumer prices also rose. On the fl...
UOBAM view the current decline as a short term correction, rather than the end of the bull market which began in March 2009.


