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What has changed in EM's? - TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Guatemala) - Analysts at TD Securities explained the changes that have occurred in EM's.

    Key Quotes:

    "Chinese policymakers introduced circuit-breakers for its equity markets on Monday, but then suspended them on Thursday
    PBOC finally fixed USD/CNY lower (albeit marginally) Friday after eight straight days of higher fixings

    Tensions have risen on the Korea peninsula after the North detonated some sort of nuclear weapon

    The State Bank of Vietnam has moved to a more market-based exchange rate

    Brazil’s former President Lula has been ordered to testify as a witness for a case regarding jailed lobbyist Paes dos Santos

    Venezuelan President Maduro instituted a major cabinet shuffle."
    For more information, read our latest forex news.

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