Macro Analysis /

Outlook for EM carry trade worsens amid soaring US inflation

  • Forex: Improved dollar supply sees Nigerian Naira in the parallel market firm

  • Fixed Income: Uganda set to leave its fiscal deficit target at 6.4% to avoid further fiscal slippage

  • Macroeconomic: Is the inflation conundrum detracting from emerging market carry trades?

Kieran Siney
Kieran Siney

Head of African Markets

Takudzwa Ndawona
Takudzwa Ndawona

Financial Markets Analyst

ETM Analytics
15 November 2021
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