turkish lira | The Property Chronicle

The anatomy of a British pound collapse

by Matein Khalid | Sep 4, 2017 | The Macro View

It took a North Korean ballistic missile launch and Hurricane Harvey’s devastation of the $500 billion Houston/Galveston/Corpus Christi economy to push sterling higher to 1.2950 against the US dollar. While the British pound is the most undervalued G-10 currency on...

The US dollar plunge and emerging market currencies

by Matein Khalid | Aug 31, 2017 | The Macro View

The US dollar plunged after Janet Yellen did not talk about Fed monetary tightening and Mario Draghi did not protest 1.19 Euro at the Jackson Hole central banking symposium. This is a green light for the carry trade in emerging market currencies. The Brazil real has...

Emerging markets: an update

by Matein Khalid | Apr 24, 2017 | The Macro View

Emerging market equities have been the darling asset class de jour in 2017, mainly in Asia and Latin America, despite the March FOMC rate hike, a US Dollar Index at or above 100 and a mini-swoon in crude oil after a Saudi-Russian output cut spat. Earnings growth...