EM preview for the week ahead - BBH

Analysts at Brown Brothers Harriman explained that within EM, divergences continue.

Key Quotes:

"Indonesia’s central bank is expected to cut, Colombia’s is expected to hike, and Korea’s is expected to stand pat.

Singapore, Thailand, and Taiwan are expected to ease in the coming months.

Elsewhere, Brazil’s inflation data is expected to worsen, as is South Africa’s.

The former is resisting more rate hikes, while the latter is likely to continue tightening."

Policy will remain accommodative for a long time

Draghi, in his testimony, added further that monetary policy will remain accommodative for a long time and has been the only true stimulative tool in the last 4 years.
Devamını oku Previous

EUR/JPY clings to gains near 127.50

EUR/JPY is struggling to keep daily gains around the 127.50 area on Monday, against the back drop of increasing selling pressure in both EUR and JPY...
Devamını oku Next