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Grexit: Contagion Risks Relatively Limited

Grexit contagion risks would be relatively limited for most of Europe, with systemic risks posed to the eurozone much lower than was potentially the case during the 2010-2012 crisis. Economies in...

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The 2015 Debt Rush to Fund Acquisitions

Thanks to the continuation of record low interest rates across the globe, corporate boardrooms are becoming increasingly comfortable with taking on debt to allow them to complete acquisitive growth...

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EM Monetary Policy Turning Hawkish

Inflation and interest rate cycles are generally turning upward across emerging markets and a number of key central banks have adopted a more hawkish tone of late. We expect the central banks of...

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3 Scenarios for Ghana's Cedi

There are three key scenarios regarding the Ghanaian cedi's performance against the US dollar through the remainder of 2015, with our core view seeing a year-end exchange rate of GHS4.50/USD.

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