Developed market equities have taken a breather over the last 24 hours or so, but from a pure macro perspective emerging markets will be the more interesting...

Developed market equities have taken a breather over the last 24 hours or so, but from a pure macro perspective emerging markets will be the more interesting space to watch this week. Elections in Indonesia and India's first budget will be the big highlights here, while central bank meetings in Malaysia and South Korea will also be in focus, with the former largely expected to hike rates. China should also unveil solid trade numbers, with exports expected to increase 10.4% and imports gaining 6%, while social financing numbers and foreign exchange reserves should also stay elevated. (VIEW LINK)