Early elections have been brought forward, forcing investors to take a closer look at Slovak politics. We may still see some further weakness. |
Inflation is going up and they have to do something to control it. The economy has been doing extremely well and the koruna will probably keep strengthening. |
The rise in global rates caught the market when it was very complacent about the region, causing a sell-off in the zloty. If we see a further rate cut in Poland, the yield differential over the euro-zone will have shrunk, and only investors with a very strong currency call will stay in the market. |
There's a lot of customer interest in a whole array of emerging markets. The yield levels offered by some of these countries are still quite attractive. |