Search ForexCrunch

Emerging market equities and currencies have had a significant bounce in the last two days from lows for the year, notes Greg Gibbs, Analyst at Amplifying Global FX Capital.

Key Quotes

“Contributing factors are new trade talks proposed by the US Administration with China, a rebound in TRL on a larger than expected rise in rates by the Turkish central bank, and lower than expected US inflation data.”

“It is far too early to say EM assets should sustain a recovery, but it may stick in the near term.   Much depends on Fed rates policy and trade relations between the US and China. It is far from clear that inflation pressure in the USA has stalled or that the US and China will hug and make up.”

Expert score


Etoro - Best For Beginner & Experts

  • 0% Commission and No stamp Duty
  • Regulated by US,UK & International Stock
  • Copy Successfull Traders
Your capital is at risk.