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Published on Monday, December 10, 2018

Country Risk Quarterly Report. Fourth Quarter 2018

Summary

The bet of financial markets on ratings downgrades remain for countries where agencies have already taken recent actions (Argentina, Italy, Turkey). A bias towards a slower Fed's normalization process is supportive for EM ratings; however, protectionism (and its impact on China) is the main risk ahead for EM assets

Geographies

Documents and files

Report (PDF)

Country-Risk-Quarterly-Report-Eng

English - December 10, 2018

Report (PDF)

Country-Risk-Quarterly-Report-Esp

Spanish - December 10, 2018

Authors

BR
BBVA Research BBVA Research
Julián Cubero
Julián Cubero Lead economist for Climate change economics
BBVA Research
More information
Alfonso Ugarte
Alfonso Ugarte Principal economist for Global economics
BBVA Research
More information

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