Amundi Research & Investment Insights Unit
the articles & research center news
In the upcoming US Midterm elections on November 6, there are high expectations of divided Congress, with the Democratic Party taking control of the House of Representatives and the Grand Old Party (GOP) retaining control of the Senate.
Director of currency strategy, US portfolio manager
A more challenging global financial environment is putting pressure on EM risky assets with particular impact in some segments (Local Currency) / EM Markets are still very dependent not only on global financial conditions but even on global demand. / EM Monetary Policy is shifting towards a tighter stance further penalising domestic economic cycles / External vulnerability has reduced in the years but the conditions are very heterogeneous among different countries / Three cases of vulnerability: Brazil, Turkey and Argentina
Alessia BERARDI, Karine HERVE, Sosi VARTANESYAN