IIF (@IIF) / X

IIF

15.3K posts

IIF

@IIF

The global association of the financial industry

Washington, DC

Joined November 2008

IIF
@IIF
Aug 25, 2018
Global liquidity is already below pre-crisis levels, tide will continue to ebb. #EmergingMarkets
IIF
@IIF
May 7, 2021
Our Turkish Lira fair value has been unchanged at $/TRY 7.50 since the middle of last year, but latest Global Macro Views makes another adjustment to reflect the evolution of the balance of payments, lifting our fair value to $/TRY 9.50. 🔒: ow.ly/NBHU50EHixr
IIF
@IIF
Jul 15, 2019
NEW Global Debt Monitor: Global debt hit $246T in Q1 2019, nearly 320% of GDP. Debt by sector, Q1 2019 (as % of GDP): 🔹Households: 59.8% 🔹Non-financial corporates: 91.4% 🔹Gov't: 87.2% 🔹Financial corporates: 80.8%
00:00
IIF
@IIF
Sep 6, 2018
Some emerging markets still rely heavily on foreign funding for bank loans, especially South Africa, Turkey, and Russia.
IIF
@IIF
Aug 26, 2018
With record high levels of hard currency debt, #EmergingMarkets are now more sensitive to #USD appreciation.
IIF
@IIF
Aug 30, 2018
Global liquidity is already below pre-crisis levels, tide will continue to ebb. #EmergingMarkets
IIF
@IIF
Oct 29, 2018
Many U.S. firms are not generating enough #earnings to cover interest expense—despite still-strong earnings growth. With growth expected to slow in 2019 and rates still rising, the problem could get worse.
IIF
@IIF
Sep 4, 2018
Portfolio inflows to #emergingmarkets slowed sharply in August, to $2.2 billion from $13.7 billion in July.
IIF
@IIF
Aug 2, 2018
Turkey’s CDS spread and bond spreads have risen nearly 350 basis points—the highest level seen since the peak of the Euro Area debt crisis. Higher refinancing costs will put further strain on government budgets and corporate borrowers (a risk for the Turkish banking sector).
IIF
@IIF
Mar 17, 2020
From our real-time flows tracker: Cumulative EM capital outflows since Jan. are already 2x as large as during the 2008 financial crisis and also dwarf other stress episodes like the taper tantrum and the 1997-98 Asian financial crisis. ow.ly/71l330qqui8
IIF
@IIF
Dec 22, 2018
Central bank liquidity set to begin evaporating next year—leveraged borrowers beware!
IIF
@IIF
Aug 8, 2018
ICYMI: Turkey’s CDS and bond spreads have risen nearly 350 basis points – the highest level seen since the peak of the Euro Area debt crisis. Higher refinancing costs will put further strain on government budgets and corporate borrowers (a risk for the Turkish banking sector).
IIF
@IIF
Jan 15, 2019
Global non-financial corporate debt hit a record high of 92% in Q3 2018.
IIF
@IIF
Feb 17, 2021
The global debt-to-GDP ratio surged by 35 percentage points to over 355% of GDP in 2020, well beyond the upswing seen during the 2008 global financial crisis. More in our new Global Debt Monitor: ow.ly/bcL050DCTA7