Global central bankers fretting about geopolitics just got another sharp reminder overnight about the potential threat that the Middle East poses to their inflation fight.In the same week that multiple monetary officials meeting in Washington said they’re on the lookout for potential oil shocks that could reignite consumer-price growth, Israel’s attack on Iran on Friday … Read more
Frontier markets have embarked on aggressive policy shifts, and investors in local-currency bonds are starting to reap the benefits. Central banks across key frontier economies including Kenya, Nigeria and Egypt have hiked policy rates significantly in recent months, while also implementing steps to liberalise markets – such as Nigeria’s move to allow free trading in … Read more
Mumbai: Investors can use the fourth and final tranche of sovereign gold bonds (SGBs) this financial year to diversify the overall portfolios in line with their long-term asset allocation strategy. Buying of gold by central banks and geopolitical risks will draw investors to risk-free assets and, given this, wealth managers say investors could allocate 10% … Read more
