Public insights
Published EMAlpha articles on the market themes and questions worth following.
Bloomberg and Reuters this morning both cited South Korean local media coverage as the trigger behind today’s sharp KOSPI sell-off. But EMAlpha’s MacroMonitor AI Agent had been tracking this narrative
The global equity landscape in May 2026 was defined by a stark divergence between the AI-fuelled euphoria in East Asia and the cautious retreat in other emerging hubs. While the AI and semiconductor s
The EM flavor of the month was elections, but not in the old-fashioned sense of polling drama detached from asset prices. Across Hungary, Peru, and Colombia, EMAlpha’s election and macro dashboards su
EMAlpha MacroMonitor Insight | March 7, 2026 The US tariff escalation of early 2026 is no longer a bilateral China story. It has become a global trade shock — one that is simultaneously repricing expo
Latest EM Sentiment DriversExports in the age of Tariffs The post-Liberation Day tariff shock has accelerated a re-ordering of global trade. As protectionism re-emerges as a policy tool, exporters are
Latest EM Sentiment DriversBelow are the key countries and themes driving the MacroMonitor’s signals this week.Reaction to US action on Venezuela EMAlpha’s AI analyzed local country media reactions to
Multilingual AI-driven EM OutlookThe Czech Republic, Turkey, and India are enjoying some cheery sentiment on growth prospects. Czech growth is outpacing forecasts on a consumer boom while Turkey stunn
Multilingual AI-driven EM OutlookA credit rating upgrade and tax reform in India is propelling local investor sentiment along with an equity market recovery while sentiment in Brazil points to renewed
Multilingual AI-driven EM Outlook Thailand and Vietnam have come to terms with their new tariff regimes on exports to the US, and local investor sentiment is brimming, as is that of domestic investors
Multilingual AI-driven EM OutlookSynopsis: From rising investor confidence in Turkey and Vietnam to potential debt trouble brewing in Poland’s financial markets this week, EMAlpha’s Macro Monitor uses
Multilingual AI-driven EM OutlookSynopsis: The USD has weakened more than 9% year to date, providing broad support for emerging market currencies and also contributing to EM equity market outperforman
Multilingual AI-driven EM OutlookSynopsis: The Trump trade tariffs for the key Latin American markets of Mexico and Brazil were expected to hit hard, but both countries are feeling some relief after b
Multilingual AI-driven EM OutlookSynopsis: With the prospect of a global trade war, fears of a coming recession in the US and a spike in market volatility everywhere, local investor sentiment for Chin
Multilingual AI-driven EM OutlookSynopsis: Negotiations with the IMF: The main point of discussion is the currency and monetary policy. The IMF considers the elimination of the “exchange rate restrict
EM Quickbyte: Colombian TES BondsSynopsis: Foreign companies held only 18% of the US$135 billion in TES bonds in circulation at the end of the year, a significant decrease from their previous position
Mexico ElectionSynopsis: Election Overview and Political Climate: Mexico’s largest-ever election on June 2 includes presidential, legislative, and local positions. Claudia Sheinbaum of AMLO’s Morena P
South Africa ElectionSynopsis: South Africa’s May 29 election features a record 31 parties, with nearly 28 million registered voters and 15,000 candidates wying for 887 seats. The ruling ANC is expect
India Election UpdateSynopsis: Foreign Institutional Investors: Foreign portfolio investors have been selling Indian stocks and bonds, with April seeing outflows as elections started, contributing to
India ElectionSynopsis: General Election: India, the world’s fifth largest and fastest-growing major economy, is undergoing a 44-day general election starting April 19, with nearly 970 million citizen
Turkey Municipal ElectionsSynopsis: Turkey’s municipal elections are attracting attention due to significant political implications, with over 61 million voters across 81 provinces choosing among 34 p
Russia electionSynopsis: Despite sanctions branding Russia as “un-investable,” fund managers still monitor Russia’s economyPutin is expected to win a significant majority, as he distances himself from
Indonesia Election: Political Dynamics and Economic ImpactSynopsis: Political Landscape: Defense Minister Prabowo Subianto leads in local polls ahead of Indonesia’s elections, strategically choosing J
Political and Economic Landscape: Pakistan and IndiaSynopsis: Political Dynamics in Pakistan: Imran Khan faces challenges after courts imposed fourteen- and ten-year prison sentences, while PTI grappl
Political shifts in Taiwan: Assessing Economic TrajectorySynopsis: DPP’s presidency win and KMT’s legislative majority highlight Taiwan’s evolving political landscapeGlobal demand woes impact exports,
India election and economySynopsis: India’s Q3 2023 GDP grows 7.6%, fueling a 6.5% full-year forecast with pre-election spendingDespite 15% annual credit growth, the Reserve Bank raises capital requir
Argentina Run-off ElectionSynopsis: Argentina’s economic decline over a decade heightens importance of 2023 electionsMilei won primaries; Massa gained more support in general electionsEMAlpha’s EM-foc
EM Risk Rewards: War in Israel and EM sentimentSynopsis: Emerging markets lose 2023 gains due to higher rates, Fed changes, and climate risksRecent Israel attacks add challenges; Mexico and India show
EM Risk Rewards: Poland elections and economySynopsis: Investors were surprised as the Polish Central Bank cut rates despite inflation above 10%As per local Polish media, United Right leads due to sus
EM Risk Rewards: China in chaos and Nigeria drownsSynopsis: China’s debt problems linger and foreign investors continue to shun Chinese investments amid negative news flowIn Nigeria, the sentiment has
EM Risk Rewards: BRICS 2023Synopsis: As the BRICS Summit kicks off, focus turns to dollar’s status for trade & expansion of the group tochallenge the WestEMAlpha’s EM-focused Multilingual AI and Kleim
EM Risk Reward: Argentina electionSynopsis: With Milei emerging as the victor in Argentina’s election, his influence on pivotal economic policies is assuredEMAlpha’s EM-focused Multilingual AI and Kle
EM Risk Reward: China local debt, Vietnam real estateSynopsis: As the buzz around China’s reopening theme subsides, a new concern has emerged on investors’ minds: China’s local debtAmid an overall slo
Vietnam’s monetary policy and the current real estate slumpSynopsis: The aim is to figure out how Vietnam’s central bank is responding to the current housing/real estate crisis (it is quite big) and a
China Reopening: Global Theme, Local SentimentsSynopsis: As China reopening theme fizzles out, we analyzed the sentiment of various related sub-themes such as pick up in tourism, impact on GDP growth,
Americanas: Did too much M&A activity affect the governance?Synopsis: One of the oldest retail chains in Brazil, Americanas S.A., lost nearly 80% of its market value in one single day on 12th Jan 2023
The Corporate Governance conundrum in emerging markets: A case study of Adani Group – Part 2Synopsis: The Hindenburg vs. Adani group saga continues. The allegations and counter-allegations fly thick a
The Corporate Governance conundrum in emerging markets: A case study of Adani GroupSynopsis: The last few days have been rocky for the third richest person on the planet, Mr. Gautam Adani, the Chairma
Adani Ports: In for some nasty weatherSynopsis: The recent report from Hindenburg accusing the Adani group of brazen stock price manipulation, and piling up of debt among others has taken the steam ou
Adani Enterprises: Faultlines of a business empireSynopsis: The recent report from Hindenburg accusing the Adani group of brazen stock price manipulation, and piling up of debt among others has taken
Tracking the local language news flow is increasingly becoming important to analyze sovereign riskSynopsis: Over the past few months, no country other than China has attracted as much global attention
Brazil has so far outperformed the major EMs in a troubled yearSynopsis: Since the beginning of 2022, almost all the major markets have taken a tumble, primarily because of Russia-Ukraine tension and
