Analysts at Rabobank point out that Q2 was the worst quarter for emerging markets since the end of 2016 according to the data compiled by the Institute of International Finance (IIF). Key Quotes “Portfolio outflows from EMs accelerated to USD 8bn in June following USD 6.3bn outflows in May, the IIF reported.” “Escalating trade tensions between the US and China, accompanied by the prospects of the Fed raising rates much faster than other major central banks and various idiosyncratic factors, prompted investors to reallocate their funds from risky assets to US stocks and bonds.” “Outflows from EMs weighed heavily on EM currencies which weakened broadly against the US dollar throughout Q2.” “That said, there are initial signals that the sell-off may have run its course, at least in the short-term, and we may witness more respite for EMs.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next ECB’s Nowotny: There won’t be a rate hike until after summer of 2019 FX Street 3 years Analysts at Rabobank point out that Q2 was the worst quarter for emerging markets since the end of 2016 according to the data compiled by the Institute of International Finance (IIF). Key Quotes "Portfolio outflows from EMs accelerated to USD 8bn in June following USD 6.3bn outflows in May, the IIF reported." "Escalating trade tensions between the US and China, accompanied by the prospects of the Fed raising rates much faster than other major central banks and various idiosyncratic factors, prompted investors to reallocate their funds from risky assets to US stocks and bonds." "Outflows from EMs weighed heavily on… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
