Asia Unhedged | With faster Fed hiking cycle Goldman Sachs likes Mexico better than Turkey
Photo: Reuters, Brendan McDermid
Photo: Reuters, Brendan McDermid
Asia UnhedgedReal-time intel on what moves markets

With faster Fed hiking cycle Goldman Sachs likes Mexico better than Turkey

Brazil and India face less risk in easing monetary policy.

March 11, 2017 12:50 AM (UTC+8)

Goldman Sachs analysts wrote in a March 10 note that, with the Fed expected to enter into a faster rate hiking cycle, they find inflation anchoring improved among EM high-yielders. Brazil and India are at limited risk of easing monetary policy, while Mexico and Turkey are most likely to be affected by rate hikes. But Mexican assets are likely to be better supported than Turkish ones due to a more credible policy framework.

Comments