EconoMonitor : EconoMonitor » Emerging Markets: What Has Changed:
"1) China IPO has resumed in earnest
2) The Korean government may step in to help exporters
3) Brazilian domestic auto sales declined for the first time in 10 years while Mexico’s auto industry booms
4) Hungary central bank minutes suggest rate cuts to continue this year, but at a slower pace
Over the last week, the top equity performers were Argentina (+1.1%) and Czech (1.0%), while the worst performers were China (-3.9%) and Poland (-2.3%). In FX (vs. USD) INR (+0.3%) and Malaysia (+0.3%) where to top performers, while ZAR (-1.2%) and KRW (-1.2%) underperformed."
'via Blog this'
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