{"id":654961,"date":"2024-11-11T00:00:00","date_gmt":"2024-11-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/"},"modified":"2024-11-11T00:00:00","modified_gmt":"2024-11-11T00:00:00","slug":"ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/","title":{"rendered":"EMs remain vulnerable to the sway of US economic policies, even as momentum for de-dollarizing the world economy grows"},"content":{"rendered":"

EMs at a crossroads: <\/strong>As another Donald Trump presidency looms, Bloomberg Economics<\/a> sees emerging market economies (EMs) as having some cause for optimism \u2014 as well as significant causes for concern. While EM interest rates and growth prospects may not be as tightly linked to developments in the US as they once were, financial vulnerabilities and as-of-yet unrealized chances for coordination could hamper EM attempts to adjust to a new global economic normal.<\/p>\n

In some ways, EMs\u2019 independence from the US\u2019 economic sphere has never been greater:<\/strong> Bloomberg\u2019s research outfit points out that EMs\u2019 rate moves are beginning to break away from the US Federal Reserve\u2019s easing and tightening cycles, with several EMs lowering rates before the Fed did. Some countries have moved in the opposite direction of the Fed, with Brazil and Russia hiking rates shortly after the Fed\u2019s initial 50 bps cut in September<\/a> \u2014 suggesting that at least some EMs\u2019 fates are beginning to decouple somewhat from the US economic outlook.<\/p>\n

But US economic policy still has an oversized impact on EMs \u2014 especially following <\/strong>Trump set to soon take up the Oval Office: <\/strong>Egypt, along with Argentina and South Africa are pointed to as EMs that stand out as being particularly vulnerable to building debt burdens on the back of higher global rates pushed up by a forecasted uptick in inflation in the states. The new Republican president\u2019s talk of hiking tariffs could also have an outsized impact on certain countries with export industries that target the US.<\/p>\n

So far, Brics is yet to live up to its promise of de-dollarizing the world economy: <\/strong>Brics has yet to capitalize on its potential to coordinate policies and boost trade across its member economies, Bloomberg Economics writes. While the bloc has continued to grow in economic weight, it has struggled to reduce its reliance on the USD and has failed to find a mechanism to settle trade between members in alternative currencies \u2014 a key condition for decoupling EM growth from US policy.<\/p>\n

MARKETS THIS MORNING-<\/p>\n

Asian markets are starting the day in the red<\/strong>, as the markets react to inflation data for China that came in lower than forecast, putting into question the country\u2019s economic recovery. Leading the pack in the red was Hong Kong\u2019s Hang Seng that was down 2.4% at the time of writing, followed by Korea\u2019s Kospi at -0.9%, Japan\u2019s Nikkei at -0.2%, and China\u2019s Shanghai index at -0.1%<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

<\/use><\/svg><\/p>\n<\/td>\n\n

EGX30<\/strong><\/p>\n<\/td>\n

\n

31,394<\/p>\n<\/td>\n

\n

+0.4% (YTD: +26.1%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD (CBE)<\/strong><\/p>\n<\/td>\n

\n

Buy 49.18<\/p>\n<\/td>\n

\n

Sell 49.31<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD (CIB)<\/strong><\/p>\n<\/td>\n

\n

Buy 49.18<\/p>\n<\/td>\n

\n

Sell 49.28<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Interest rates (CBE)<\/strong><\/p>\n<\/td>\n

\n

27.25% deposit<\/p>\n<\/td>\n

\n

28.25% lending<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Tadawul<\/strong><\/p>\n<\/td>\n

\n

12.103<\/p>\n<\/td>\n

\n

-0.2% (YTD: +1.1%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

ADX<\/strong><\/p>\n<\/td>\n

\n

9,449<\/p>\n<\/td>\n

\n

-0.2% (YTD: -1.3%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

DFM<\/strong><\/p>\n<\/td>\n

\n

4,640<\/p>\n<\/td>\n

\n

-0.1% (YTD: +14.3%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

S&P 500<\/strong><\/p>\n<\/td>\n

\n

5,996<\/p>\n<\/td>\n

\n

+0.4% (YTD: +25.7%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

FTSE 100<\/strong><\/p>\n<\/td>\n

\n

8,072<\/p>\n<\/td>\n

\n

-0.8% (YTD: +4.4%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Euro Stoxx 50<\/strong><\/p>\n<\/td>\n

\n

4,803<\/p>\n<\/td>\n

\n

-1.0% (YTD: +6.2%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Brent crude<\/strong><\/p>\n<\/td>\n

\n

USD 73.87<\/p>\n<\/td>\n

\n

-2.3%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Natural gas (Nymex)<\/strong><\/p>\n<\/td>\n

\n

USD 2.67<\/p>\n<\/td>\n

\n

-0.9%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Gold<\/strong><\/p>\n<\/td>\n

\n

USD 2,695<\/p>\n<\/td>\n

\n

-0.4%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

BTC<\/strong><\/p>\n<\/td>\n

\n

USD 80,327.90<\/p>\n<\/td>\n

\n

+5.0% (YTD: +88.9%)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

THE CLOSING BELL-<\/p>\n

The EGX30 rose 0.4% at yesterday\u2019s close<\/strong> on turnover of EGP 3.5 bn (18.0% below the 90-day average). International investors were the sole net sellers. The index is up 26.1% YTD.<\/p>\n

In the green: <\/strong>Faisal Islamic Bank - EGP (+10.2%), Juhayna (+3.2%), and Madinet Masr (+1.7%).<\/p>\n

In the red: <\/strong>Ezz Steel (-4.0%), Eastern Company (-1.8%), and GB Corp (-1.5%).<\/p>\n","protected":false},"excerpt":{"rendered":"

US economic policy still has an oversized impact on EMs \u2014 especially following Trump set to soon take up the Oval Office<\/p>\n","protected":false},"author":1,"featured_media":654962,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7210],"tags":[7270,115,72,8780,119,122],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-654961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-planet-finance","tag-brics","tag-emerging-markets","tag-enterpriseam","tag-federal-reserve","tag-financial-markets","tag-planet-finance","wpautop","entry"],"acf":{"mongo_id":"78e1d7e0-ef92-4632-86ea-b014f4ae02d0","order":"12","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/11\/868.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Emerging markets remain vulnerable to the sway of US economic policies, even as momentum for de-dollarizing the world economy grows","related_issue":[654941],"teaser":"US economic policy still has an oversized impact on EMs \u2014 especially following Trump set to soon take up the Oval Office","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.5cb04349-00b2-4193-891d-5e6584c548f1.mp3"},"yoast_head":"\nEMs remain vulnerable to the sway of US economic policies, even as momentum for de-dollarizing the world economy grows - 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\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EMs remain vulnerable to the sway of US economic policies, even as momentum for de-dollarizing the world economy grows\" \/>\n<meta property=\"og:description\" content=\"US economic policy still has an oversized impact on EMs \u2014 especially following Trump set to soon take up the Oval Office\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-11T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/868.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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EMs remain vulnerable to the sway of US economic policies, even as momentum for de-dollarizing the world economy grows\",\"datePublished\":\"2024-11-11T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/\"},\"wordCount\":534,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/868.jpg?fit=%2C&ssl=1\",\"keywords\":[\"BRICS\",\"emerging markets\",\"EnterpriseAM\",\"Federal Reserve\",\"Financial Markets\",\"Planet Finance\"],\"articleSection\":[\"PLANET FINANCE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/\",\"name\":\"EMs remain vulnerable to the sway of US economic policies, even as momentum for de-dollarizing the world economy grows - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/868.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-11-11T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/868.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/868.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EMs remain vulnerable to the sway of US economic policies, even as momentum for de-dollarizing the world economy grows\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"EMs remain vulnerable to the sway of US economic policies, even as momentum for de-dollarizing the world economy grows - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/","og_locale":"en_US","og_type":"article","og_title":"EMs remain vulnerable to the sway of US economic policies, even as momentum for de-dollarizing the world economy grows","og_description":"US economic policy still has an oversized impact on EMs \u2014 especially following Trump set to soon take up the Oval Office","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-11-11T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/868.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"EMs remain vulnerable to the sway of US economic policies, even as momentum for de-dollarizing the world economy grows","datePublished":"2024-11-11T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/"},"wordCount":534,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/868.jpg?fit=%2C&ssl=1","keywords":["BRICS","emerging markets","EnterpriseAM","Federal Reserve","Financial Markets","Planet Finance"],"articleSection":["PLANET FINANCE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/","name":"EMs remain vulnerable to the sway of US economic policies, even as momentum for de-dollarizing the world economy grows - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/868.jpg?fit=%2C&ssl=1","datePublished":"2024-11-11T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/868.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/868.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/ems-remain-vulnerable-to-the-sway-of-us-economic-policies-even-as-momentum-for-de-dollarizing-the-world-economy-grows\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"EMs remain vulnerable to the sway of US economic policies, even as momentum for de-dollarizing the world economy grows"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/868.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/868.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/868.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":596174,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/20\/ems-look-to-lure-remittances-into-diaspora-bonds-to-finance-economic-growth\/","url_meta":{"origin":654961,"position":0},"title":"EMs look to lure remittances into \u201cdiaspora bonds\u201d to finance economic growth","author":"enterpriseam admin","date":"20 August 2019","format":false,"excerpt":"EMs look to lure remittances into \u201cdiaspora bonds\u201d to finance economic growth: As emerging markets struggle with historically low FDI, a growing number of countries are looking to convince their expatriate workers to channel their savings and remittances into \u201cdiaspora bonds\u201d for productive investment, Steve Johnson writes for the Financial\u2026","rel":"","context":"In "THE MACRO PICTURE"","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\/8\/649.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":642306,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/sustained-em-growth-on-the-back-of-exports-to-other-ems\/","url_meta":{"origin":654961,"position":1},"title":"Sustained EM growth on the back of exports to other EMs","author":"enterpriseam admin","date":"10 August 2017","format":false,"excerpt":"Emerging markets have been driving global growth, in no small measure thanks to exports to other EMs, Jonathan Wheatley writes for the Financial Times. EM exporters have traditionally relied on demand from developed markets, particularly the US, where consumption has failed to take off. This has largely been a function\u2026","rel":"","context":"In "THE MACRO PICTURE"","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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":614120,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/28\/bond-rally-will-help-debt-ridden-ems-borrow-some-more\/","url_meta":{"origin":654961,"position":2},"title":"Bond rally will help debt-ridden EMs borrow some more","author":"enterpriseam admin","date":"28 January 2024","format":false,"excerpt":"Investor appetite for riskier debt has helped debt-ridden EMs borrow some more","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2276.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":631564,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/21\/growth-premium-between-ems-and-developed-markets-to-widen-gsam\/","url_meta":{"origin":654961,"position":3},"title":"Growth premium between EMs and developed markets to widen -GSAM","author":"enterpriseam admin","date":"21 March 2018","format":false,"excerpt":"The widening growth premium between emerging and developed markets is providing an attractive backdrop for both equity and credit investors, Katie Koch of Goldman Sachs Asset Management says. EMs are set to expand at double the pace of their developed peers and GS is paying attention to India in particular.\u2026","rel":"","context":"In "Worth watching"","block_context":{"text":"Worth watching","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-watching\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/3\/294.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":584535,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/02\/banking-turmoil-leaves-one-in-four-ems-shut-out-of-global-debt-market\/","url_meta":{"origin":654961,"position":4},"title":"Banking turmoil leaves one in four EMs shut out of global debt market","author":"enterpriseam admin","date":"2 April 2023","format":false,"excerpt":"Local currency EM debt fared better in 1Q","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/30.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":601448,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/28\/ems-beginning-to-boom\/","url_meta":{"origin":654961,"position":5},"title":"EMs beginning to boom?","author":"enterpriseam admin","date":"28 February 2019","format":false,"excerpt":"EM inflows in January could signal the start of a boom period for developing economies, CrossBorder Capital MD Michael Howell argues in a piece for the FT. Data from multiple sources has suggested that financial inflows into emerging markets hit their highest levels in over a year in January. CrossBorder\u2019s\u2026","rel":"","context":"In "THE MACRO PICTURE"","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\/2\/EM-currencies-web.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\/654961","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=654961"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/654961\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/654941"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/654962"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=654961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=654961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=654961"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=654961"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=654961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}