{"id":602173,"date":"2019-03-20T03:44:15","date_gmt":"2019-03-20T03:44:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/20\/emerging-market-volatility-set-to-increase-as-elections-approach\/"},"modified":"2019-03-20T03:44:15","modified_gmt":"2019-03-20T03:44:15","slug":"emerging-market-volatility-set-to-increase-as-elections-approach","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/20\/emerging-market-volatility-set-to-increase-as-elections-approach\/","title":{"rendered":"Emerging-market volatility set to increase as elections approach"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <b>Emerging-market volatility set to increase as elections approach:<\/b> It\u2019s election season in several key emerging markets, and volatility is likely to increase as a result, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-03-18\/elections-loom-as-threat-to-uneasy-calm-across-emerging-markets\">according to Bloomberg<\/a>. India, the world\u2019s sixth-largest economy, will go to the polls in April, while South Africa, the continent\u2019s largest economy, will vote in May. Other notable economies heading into elections include Indonesia, Israel, Thailand and Turkey, all of which will take place over the next month.<\/p>\n<p><b>Surprises are unlikely, but never assume that the polls and political analysts are accurate<\/b> \u2014 especially with political volatility delivered by popular votes recently in developed economies and emerging markets alike. \u201cWith the way emerging markets have been moving this year, investors need to be more selective based on a variety of factors including economic fundamentals and political risks,\u201d Takeshi Yokouchi, senior fund manager at Daiwa SB Investments in Tokyo, told Bloomberg. \u201cThe expectation is for the ruling party to win in major elections such as South African and Indonesia, with [Indian PM] Modi\u2019s party also extending support recently in India, but this doesn\u2019t mean investors can remain care-free about these elections.\u201d<\/p>\n<p><b>Nigeria as a case study:<\/b> A potential case study for election-induced EM volatility took place just last month when Nigeria held its presidential election. The electoral commission\u2019s decision to postpone the vote caused a <a href=\"https:\/\/www.reuters.com\/article\/nigeria-election-markets\/update-3-nigerias-election-delay-triggers-stock-market-sell-off-idUSL5N20D3IW\">sell-off in the stock market and government bonds<\/a>, and brought <a href=\"https:\/\/enterprise.press\/stories\/2019\/02\/19\/em-currencies-begin-giving-traders-the-jitters\/\">considerable pressure on the Naira<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Emerging-market volatility set to increase as elections approach: It\u2019s election season in several key emerging markets, and volatility is likely to increase as a result, according to Bloomberg. India, the world\u2019s sixth-largest economy, will go to the polls in April, while South Africa, the continent\u2019s largest economy, will vote in May. Other notable economies heading [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":602174,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9272],"tags":[115,72,127,1510],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-602173","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-macro-picture","tag-emerging-markets","tag-enterpriseam","tag-politics","tag-the-macro-picture","wpautop","entry"],"acf":{"mongo_id":"44e8ba08-b6ee-4a78-a23d-9bed2d208497","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2019\/3\/579.jpg","photo_position":"above","related_issue":[602155],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Emerging-market volatility set to increase as elections approach - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/20\/emerging-market-volatility-set-to-increase-as-elections-approach\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Emerging-market volatility set to increase as elections approach\" \/>\n<meta property=\"og:description\" content=\"Emerging-market volatility set to increase as elections approach: It\u2019s election season in several key emerging markets, and volatility is likely to increase as a result, according to Bloomberg. India, the world\u2019s sixth-largest economy, will go to the polls in April, while South Africa, the continent\u2019s largest economy, will vote in May. Other notable economies heading [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/20\/emerging-market-volatility-set-to-increase-as-elections-approach\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-20T03:44:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/579.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/20\/emerging-market-volatility-set-to-increase-as-elections-approach\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/20\/emerging-market-volatility-set-to-increase-as-elections-approach\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Emerging-market volatility set to increase as elections approach\",\"datePublished\":\"2019-03-20T03:44:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/20\/emerging-market-volatility-set-to-increase-as-elections-approach\/\"},\"wordCount\":247,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/20\/emerging-market-volatility-set-to-increase-as-elections-approach\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2019\/3\/579.jpg?fit=%2C&ssl=1\",\"keywords\":[\"emerging markets\",\"EnterpriseAM\",\"politics\",\"THE MACRO PICTURE\"],\"articleSection\":[\"THE MACRO PICTURE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/20\/emerging-market-volatility-set-to-increase-as-elections-approach\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/20\/emerging-market-volatility-set-to-increase-as-elections-approach\/\",\"name\":\"Emerging-market volatility set to increase as elections approach - 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The report, based on interviews with 139\u2026","rel":"","context":"In &quot;THE MACRO PICTURE&quot;","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/5\/22.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572976,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/15\/why-we-now-need-to-be-talking-more-about-ems\/","url_meta":{"origin":602173,"position":1},"title":"Why we now need to be talking more about EMs","author":"enterpriseam admin","date":"15 July 2020","format":false,"excerpt":"Why we now need to be talking more about EMs: Middle-income economies that stand halfway between the world\u2019s richest and poorest \u201care uniquely vulnerable in the pandemic.\u201d Despite this, those countries have largely been absent from the global narrative about the extraordinary steps needed to shield the global economy from\u2026","rel":"","context":"In &quot;THE MACRO PICTURE&quot;","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/115.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597833,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/06\/emerging-economies-face-uncertainty-as-we-enter-the-age-of-automation\/","url_meta":{"origin":602173,"position":2},"title":"Emerging economies face uncertainty as we enter the age of automation","author":"enterpriseam admin","date":"6 May 2019","format":false,"excerpt":"Robots and AI will eat jobs in emerging markets: Emerging countries are the most vulnerable to job losses caused by the increasing role of automation, artificial intelligence, and robots in the economy, OECD research has found. All 11 emerging markets included in the OECD\u2019s analysis are among the 17 countries\u2026","rel":"","context":"In &quot;THE MACRO PICTURE&quot;","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/5\/2118.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591243,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/01\/can-emerging-markets-still-emerge\/","url_meta":{"origin":602173,"position":3},"title":"Can emerging markets still emerge?","author":"enterpriseam admin","date":"1 December 2019","format":false,"excerpt":"Can emerging markets still emerge? The rapid pace at which jobs are automated and declining birth rates will make it harder for emerging markets to escape the middle income trap and transition to developed country status, writes Christopher Wood, global head of equity strategy at Jefferies. The labor-based, mass manufacturing\u2026","rel":"","context":"In &quot;THE MACRO PICTURE&quot;","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/12\/382.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":598835,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/the-thin-grey-line-between-frontier-markets-and-emerging-markets\/","url_meta":{"origin":602173,"position":4},"title":"The thin grey line between frontier markets and emerging markets","author":"enterpriseam admin","date":"10 June 2019","format":false,"excerpt":"EXPLAINER FOR NON-FINANCE GEEKS- The thin grey line between frontier and emerging markets: In a recent explainer on frontier markets, Bloomberg makes a point of calling them the \u201csmaller siblings\u201d of emerging markets, a very popular \u2014 albeit simplistic \u2014 comparison. The reality is a little more nuanced considering the\u2026","rel":"","context":"In &quot;THE MACRO PICTURE&quot;","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2130.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597208,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/development-in-emerging-markets-is-being-held-back\/","url_meta":{"origin":602173,"position":5},"title":"Development in emerging markets is being held back","author":"enterpriseam admin","date":"18 July 2019","format":false,"excerpt":"Ominous EM outlook of the week: Deglobalization, the Chinese slowdown, and a decade of financial stimulus in advanced economies are holding back emerging markets from catching up with the developed world, Jonathan Wheatley writes in the Financial Times. Emerging markets seemed destined for alignment with the West earlier this century,\u2026","rel":"","context":"In &quot;THE MACRO PICTURE&quot;","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/7\/3044.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/602173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=602173"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/602173\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/602155"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/602174"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=602173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=602173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=602173"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=602173"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=602173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}