Quotes from the news wire:
Fed expectations may get pushed out but the problem for emerging markets is the data won't change the Fed's direction, what will trigger a real rally will be a move to a neutral or easing policy stance but for that we will need to see weeks and months of very bad data.
Found on Reuters 9 years ago
Brazil is in a deep economic, currency and confidence crisis. The decline in the currency is unprecedented, similar to the collapse of the (Russian) rouble last year ... accordingly CDS are jumping and bond yields are rising.
Found on Reuters 9 years ago
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