Comment / OX: Gauging EM risk and 'peak vs restocking' in a dull week 

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Welcome to June, with India and South Africa holding elections – two of the many polls this year. While India looks likely to continue on its path under the leadership of Narendra Modi, South Africa becomes a bit messier as the ANC needs to find a coalition partner.

Let’s hope that as a result, the African country gets electricity and their ports in order, finally. 

Keep that in mind.

Some positive news from elsewhere: the IMF has upgraded China’s outlook ...