INCO News and Press, Columbia India Consumer From 02/10/23

Summary The Valentine’s Day inflation report is the main event of this week. Investors will pay close attention to Fed speak after the January inflation report. In the EU, central bank speak as ever remains key with President Lagarde on Wednesday the standout. GDP figures...

Summary The India Rising story hit some turbulence last week, as one of its biggest corporate success stories, the Adani Group, was hit with a report from Hindenburg Research. While the revenue part of the story is one of almost unstoppable growth, it is worth noting that throughout its...

Summary Traders will pay close attention to initial jobless claims and the University of Michigan sentiment report. We learned a lot this past week about the position the euro area economy is in, the ECB's perception of it, and the market’s trust in the central bank. The stan...

Summary Traders will focus on the FOMC decision, but they should also closely watch mega-cap tech earnings and the nonfarm payroll report. Economic data releases include India’s fiscal deficit, eight infrastructure industries, and both manufacturing and services PMIs. Cryptos...

Summary In the past, one of the biggest attractions of EM equities was a stronger macroeconomic growth backdrop than that of developed countries. We’re also seeing signals of declining inflation across various EM countries, including India and Brazil. Investors are understand...

Summary It will be a busy week filled with the first look at Q4 GDP, corporate earnings, and US debt ceiling gridlock. The EU flash PMIs early in the week will be of keen interest as investors continue to assess how much trouble the economy is in. While the UK PMIs would typically b...

Summary It will be a busy week filled with a wide range of economic indicators, lots of Fed speak, and earnings season heats up. The run-up to the February ECB meeting is going to bring immense focus on incoming data and central bank speak. So it turns out the UK may have just about...

Summary In an economic downturn, higher-growth EM stocks that have derated and have strong and stable earnings could outperform, in our opinion. In China, we are cautiously positive on possible policy changes ahead and early signs of a roadmap out of zero-COVID. In India, we are con...

Summary Proactive policy in 2022 leaves India in a good position to benefit from easier conditions in 2023. India's lesser reliance on trade with China provides a buffer. A rethink on global bond market inclusion for government securities could see substantial capital inflows. ...

Summary We are optimistic that emerging markets, in particular Chinese equities, can post positive returns in 2023. Consensus expectations point to two further increases in the US federal funds rate in 2023. As the investment environment evolves, an important feature that we seek in...