Market insights

Emerging markets are at the cusp of a new era. Persistently strong demand for bonds in the asset class, solid fundamentals and a weaker US dollar are creating attractive opportunities. At the same time, security selection and timing remain key.

Immediate reactions in Latin American financial markets to the recent developments in Venezuela have been largely muted. Nevertheless, two potential consequences have come into focus: possible effects on the global oil market and the geopolitical signalling implications for other left-leaning governments in Latin America.