Refine by sector
Latest in Tunisia
Global Themes / Global

What investors are thinking: Takeaways from our UK roadshow

We held a series of client meetings in London over the past fortnight, seeing over 20 clients, consisting of a mix of fixed income and equity investors in EM and Frontiers, Africa specialists, and special situations and distress funds. The meetings t...
Tellimer Research Patrick
Patrick Curran @ Tellimer Research 30 June 2022
What investors are thinking: Takeaways from our UK roadshow
What investors are thinking: Takeaways from our UK roadshow

The countries most vulnerable to tight global financial conditions – in 2 charts

Last month, we recently counted 27 countries with US$ bonds yielding more than 10% or that are in default (28 today with the addition of Turkey), a decade high and more than double the number in December 2021 (13) and three times the number in Decemb...
Tellimer Research Patrick
Patrick Curran @ Tellimer Research 29 June 2022
The countries most vulnerable to tight global financial conditions – in 2 charts
The countries most vulnerable to tight global financial conditions – in 2 charts

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/t....
Vermilion Research David
David Nicoski @ Vermilion Research 24 June 2022

EM credit sell-off unlocks pockets of value, but more pain could be in store

It has been a difficult month for markets with global stocks and bonds plummeting in tandem – the S&P 500 is down 11.1% and the 10-year US bond yields up 38bps in the month through 17 June. However, weaker fundamentals post-Covid (with higher debt bu...
Tellimer Research Patrick
Patrick Curran @ Tellimer Research 20 June 2022
EM credit sell-off unlocks pockets of value, but more pain could be in store
EM credit sell-off unlocks pockets of value, but more pain could be in store

Tunisia: Upgrade to Hold with bonds near recovery value

Bonds have now fallen below our target price and base case recovery value of cUS$65 calculated in December. Pakistan’s debt is projected to decline from just over 70% of GDP to less than 60% over the next five years and is projected to stabilise even...
Tellimer Research Patrick
Patrick Curran @ Tellimer Research 14 June 2022
Tunisia: Upgrade to Hold with bonds near recovery value
Tunisia: Upgrade to Hold with bonds near recovery value

OPEC+ decision suits Saudi, US, Russia but no oil price relief for importers

OPEC+ increased its output on 2 June but not by an amount that makes a meaningful dent in global supply. Should China demand growth snap back, in the event that Covid restrictions subside and policy stimulus come into effect, then oil prices could go...
Tellimer Research Hasnain
Hasnain Malik @ Tellimer Research 5 June 2022
OPEC+ decision suits Saudi, US, Russia but no oil price relief for importers
OPEC+ decision suits Saudi, US, Russia but no oil price relief for importers