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Latest articles in Morocco

Botswana ranks amongst the most fiscally prudent in ETM's fiscal risk model

Sentiment towards the USD has improved or rather, global growth sentiment has deteriorated and a rotation back towards the USD is now evident. Since November, the tourism sector has been further battered by a decision to ban incoming flights to the c...
ETM Analytics Kieran
Kieran Siney @ ETM Analytics 19 January 2022

ETM's FX risk barometer points to more tough times for the Ghanaian Cedi

The spotlight remains on oil this morning. Morocco: Data from Morocco’s central banked showed that the country’s foreign exchange reserves rose to $37.05bn by January 7, a 6.8% rise on a year-on-year basis. In a report published on Monday, global cre...
ETM Analytics Kieran
Kieran Siney @ ETM Analytics 18 January 2022

USD overvalued by 15-20%, interest in crypto in Africa continues to grow

In the commodity space, oil prices are steady this morning after continuing with their new year rally yesterday. Note, the World Bank forecasts that crude oil prices will average $74 per barrel in 2022 as oil demand strengthens and reaches pre-pandem...
ETM Analytics Kieran
Kieran Siney @ ETM Analytics 13 January 2022

Egyptian bonds look set for another solid performance in 2022

The base metals outlook continues to be supported by supply chain issues that are compounding on one another. Various LATAM sources of key base metals have reported lower output in recent data, while geopolitics in Europe and the threat of economic s...
ETM Analytics Kieran
Kieran Siney @ ETM Analytics 12 January 2022

Inflation fears intensify as oil prices surge, FX strategists see USD dominating

Two sets of labour market data have already been released. Investors are anticipating a rise in payrolls of some 400k, which would be almost double the previous reading of 210k. A poll conducted by Reuters showed that analysts expect that most curren...
ETM Analytics Kieran
Kieran Siney @ ETM Analytics 7 January 2022

Zambia ramps up monthly debt issuance, Morocco eases capital controls

Key data scheduled for release today will include the ADP numbers for Dec. It will reflect private sector hiring, which should remain constant above 500k. Ahead of key ADP employment data today, the USD remains on the front foot, although directional...
ETM Analytics Kieran
Kieran Siney @ ETM Analytics 5 January 2022