(from my colleague Dr. Win Thin) EM FX ended last week on a firm note, though most were still down for the week as a whole. Commodity prices stabilized, but the balance remains fragile, in our view. We remain cautious, especially with regards to the high beta currencies such as BRL, MXN, TRY, and ZAR. …
It is not that the economic data are not important. They are. Indeed, with the focus shifting toward prices from real sector performance, as the key to the reaction function of central banks, it is notable that the US, Japan, and the eurozone all report their preferred inflation measure in the days ahead. However, the …
Drivers: A Couple Things that Aren’t on Your Economic Calendar Read More »