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Boursorama (Reuters, French translation) · Quoted expert FROriginal title: ROI-Le yuan chinois est sous-évalué, mais peut-être pas autant que vous le pensez : McGeever

ROI-Le yuan chinois est sous-évalué, mais peut-être pas autant que vous le pensez : McGeever

Fortun argues that China's financial-account dynamics make a very large, persistent yuan undervaluation harder to reconcile with the evidence, while allowing for a more moderate misalignment.

IIF Global Macro Views: The Iran Shock — From Prices to Constraints

Marcello Estevão · Jonathan Fortun · Leila Hamilton / Institute of International Finance

Disruption linked to Iran is spreading beyond crude prices into refined products, industrial inputs and logistics. The ceasefire shifts the near-term baseline toward gradual normalization, but emerging Asia remains especially exposed. A failed truce or slow reopening could amplify losses through production networks. Even a lasting ceasefire would leave an inflation shock and difficult policy choices rather than immediately restore pre-shock conditions.

El Economista · Quoted expert ESOriginal title: Durante marzo se liquidaron 2,399 millones de dólares en títulos de deuda mexicana: IIF

Durante marzo se liquidaron 2,399 millones de dólares en títulos de deuda mexicana: IIF

Fortun explains how the March energy-price shock and tighter global financial conditions complicated Mexico's disinflation and debt-market flows.

Bloomberg Línea · Quoted expert ESOriginal title: ¿Por qué Bolivia se mantendrá en recesión en 2026 pese a las reformas del Gobierno?

¿Por qué Bolivia se mantendrá en recesión en 2026 pese a las reformas del Gobierno?

Fortun argues that recent reforms offer limited relief while financing constraints, weak investment and foreign-currency shortages continue to restrain growth.

Bloomberg (via Bloomberg Línea) · Quoted expert PTOriginal title: Mercados da América Latina ganham status de ‘porto seguro’ com cenário global volátil

Mercados da América Latina ganham status de ‘porto seguro’ com cenário global volátil

Fortun assesses how commodity support and carry returns cushioned Latin American investment flows during global risk aversion.

Bloomberg (via Bloomberg Línea) · Quoted expert ESOriginal title: América Latina atrae a inversores que buscan capear los temores de guerra

América Latina atrae a inversores que buscan capear los temores de guerra

Fortun assesses how commodity support and carry returns cushioned Latin American investment flows during global risk aversion.

IIF Views on Europe: Russia's Oil Dividend From The Iran Shock

Jonathan Fortun · Ugras Ulku / Institute of International Finance

Russia benefits from higher prices for oil supplied outside the Strait of Hormuz, with narrower discounts lifting export earnings despite broadly stable seaborne volumes. The fiscal windfall is constrained by Ukrainian attacks on infrastructure and domestic frictions. If wider escalation depresses global demand, the gains could prove short-lived.

IIF Global Macro Views: Oil After the Shock — Scenarios for a Higher Regime

Marcello Estevão · Jonathan Fortun · Ivan Burgara / Institute of International Finance

How long the conflict persists separates three oil-price scenarios for 2026, with average Brent prices around $85, $102 or $135. The analysis explains how declining inventory buffers can shift adjustment toward prices, with particular pressure in Asian physical markets. Longer disruption raises the risk of disproportionately large price increases, adding to inflation and complicating monetary policy through tighter financial conditions.