Traders in eastern Europe face a toxic landscape in 2019. In the twilight of the euro area’s monetary-stimulus program, populism is spreading and growth is slowing.
With an improving global macroeconomic backdrop and relatively cheap valuations after a torrid 2018, the omens are looking better for Southeast Asian stocks next year.
As China goes, so goes industrial metals.
Mexican President Andres Manuel Lopez Obrador is boosting Petroleos Mexicanos’ budget to 464.6 billion pesos ($23 billion) next year to reverse flagging oil production and increase domestic fuel output.
Central banks are cramming in their last decisions of 2018, with at least seven in emerging markets scheduled to set monetary policy this week. But none will be as closely watched as the Federal Reserve.
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