The Best And Worst Of Emerging Markets

Tyler Durden's picture

We recently summarized the world's developed markets in one simple table and there was much 'redness' to go around. The following table provides a similarly broad-based view of the world's developing nations. Citi's Early Warning System heat-map provides an at-a-glance perspective of the emerging market currencies at most (and least) risk based on 12 indicators of economic and financial stress. As currency wars migrate contagiously from developed money-printers to developing 'growth engines' the table below suggests Hungary and South Africa at most risk and China and Thailand least.

Click image for legible huge version...

 

and the trend...

 

and what is behind the EWS Signal...

 

Source: Citi