Clear EM winners and losers from oil price decline

London, 3 March 2015

ING Investment Management sees clear winners and losers within the Emerging Markets (EM) universe as a result of the drop in oil price, which is a positive for consumers who will enjoy lower prices and more spending power. However, uncertainty still remains regarding the causes of the oil price fall and the impact it will have in many Asian countries that have a strong savings culture and have recently repealed fuel subsidies.

Source: Commodities Now feed

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