The Centenario deep-water oil platform in the Gulf of Mexico off the coast of Veracruz, Mexico. Rising oil prices will add to the impact of US interest rate hikes on emerging markets. Photo: Reuters
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Rising oil prices and US interest rates are a volatile combination for emerging markets

Neal Kimberley says the Federal Reserve chairman has downplayed the impact of US monetary policy on the global economy, but market analysts beg to differ 

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The Centenario deep-water oil platform in the Gulf of Mexico off the coast of Veracruz, Mexico. Rising oil prices will add to the impact of US interest rate hikes on emerging markets. Photo: Reuters
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Neal Kimberley

Neal Kimberley

UK-based Neal Kimberley has been active in the financial markets since 1985. Having worked in sales and trading in the dealing rooms of major banks in London for many years, he moved to ThomsonReuters in 2009 to provide market analysis. He has been contributing to the Post since 2015 and writes about macroeconomics from a market perspective, with a particular emphasis on currencies and interest rates.