{"id":554100,"date":"2021-12-20T04:05:17","date_gmt":"2021-12-20T04:05:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/20\/a-glimmer-of-hope-for-ems-rolling-into-2022\/"},"modified":"2021-12-20T04:05:17","modified_gmt":"2021-12-20T04:05:17","slug":"a-glimmer-of-hope-for-ems-rolling-into-2022","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/20\/a-glimmer-of-hope-for-ems-rolling-into-2022\/","title":{"rendered":"A glimmer of hope for EMs rolling into 2022"},"content":{"rendered":"

<\/a> It\u2019s not necessarily all doom and gloom for emerging market assets next year:<\/strong> With global rates now expected to rise sharply next year, inflation and supply chain issues biting, and a key EM equity ETF now 12% in the red during the comparatively sunny 2H2021, there\u2019s no shortage in doom-laden 2022 outlooks for emerging economies. A year of stunted growth, debt crises, and surging inflation isn\u2019t a given though, according to some analysts who tell Barron\u2019s<\/a> that the second half of the year could be positive for EM assets should inflation start to ease and China roll out the stimulus. EM equities are currently trading at a near-record discount to US shares, priming them for a rebound should the macro stars align later next year.<\/p>\n

MEANWHILE- International banks in the UAE <\/strong>will shift to the Monday-Friday work week<\/strong> newly adopted by the government starting January, Reuters<\/a> reports. Among them: JPMorgan, Bank of America and Deutsche Bank.<\/p>\n

Also worth noting this morning:<\/strong><\/p>\n