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A couple of things are changing. If you look at most of G10s there is a rise in real yields and it effectively indicates the period of abnormally low interest rates is coming to an end. That's leading to reappraisal of what's good value in G10 as well as emerging markets, second is oil prices - OPEC are talking of further supply cuts which shows they are finding it hard to balance markets. Falling oil prices are net-net positive for G10 and net-net negative for EM.

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Reuters 7 years ago

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    "Peter Kinsella Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 25 Dec. 2024. <https://www.quotes.net/citizen-quote/233780>.

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