Emerging market capital outflows have been cooling. Yet, the EEM may be stalling in the aftermathof the Federal Reserve rate decision and Chair Jerome Powell press conference.
European Central Bank has a specific idea on the appropriate spreads says Bloomberg, citing an unnamed source. This is a bearish EUR development at the margin.
<p>The firm argues that the Fed will want to at least try and maintain a more hawkish hold but "may struggle to send a sufficiently hawkish message" to markets. TD says that a softer g
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