Macro Analysis /
Global

Oil breaches $80/bbl, emerging market USD bonds suffer massive outflows

  • Forex: Soaring international oil prices further underpins the Angolan Kwanza's performance

  • Fixed Income: Eurobonds of African oil-producing nations under pressure despite the sharp rise in oil prices

  • Macroeconomic: Emerging market bond ETFs suffered a significant outflow last week amid China and Fed taper fears

Kieran Siney
Kieran Siney

Head of African Markets

Takudzwa Ndawona
Takudzwa Ndawona

Financial Markets Analyst

ETM Analytics
28 September 2021
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