Despite a dismal performance in the first half of 2018 owing to a plethora of setbacks - such as the stronger US dollar, the Turkish crisis, rising trade tensions and policy turbulence - emerging markets have a lot to look forward to in the second half of 2018.
While the situation in Turkey appears to be centre stage now, we believe EM fundamentals remain broadly supportive of a recovery and inflation is relatively under control. EMs fall into bear market...
European Commission relents to pressure
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