In our latest look at the impact of the economic shock brought on by Covid-19, we focus on geopolitics. We think there will be long-lasting negative effects on regime stability, structural reform and relations with neighbours.In the same wa...

FX risk might re-enter the investment debate later this yearBrazilian real is down 10% ytd; Egyptian pound is up 2%. Over 12 months, BRL down 15%, EGP up 12%.Policy easing has led to near-zero real interest rate and is a key driver of Brazil dev...

Fed points to performing economy to back its wait and see approach, despite coronavirus outbreak.Higher market volatility during last week had its origin in the coronavirus effect vs. US economy´s positive outlook. While the coronavirus outbrea...

January started with investor fears of war (Iran) and ended with fear of another horseman of the apocalypse, pestilence (China). Oil prices spiked 4% after the assassination of Iran Quds Force leader, Qassem Soleimani, in a US drone st...

Latin American corporate issuers have also been taking advantage of what seems to be a limitless appetite for new debt. The year started with a bang, with high-grade corporates from Chile, but apparently seeing the extremely strong demand in the mark...

Chile-based Embotelladora Andina, S.A. (ANDINA) is expected to come to the bond market with a US$300.0mn, 30-year senior unsecured bond rated BBB/BBB+. The initial price guidance is T + low 200bps. The company's flagship products a...