Turkey and Egypt remain the emerging markets most exposed to this year's energy shock, while Poland's sovereign debt risk has climbed to its highest level in more than a decade, Capital Economics said in its latest EM Financial Risk Monitor report on October 29. Most emerging markets are still well placed to withstand rising energy prices and higher global bond yields, according to the consultancy's proprietary indicators. Its aggregate EM currency crisis risk indicator is well below its long-term average, banking risk has fallen to a two-year low and acute sovereign debt problems are concentrated in a small group of countries. [...]