Emerging Markets go from Cheap to Cheaper

Currencies from emerging markets are losing ground against the majors, giving international investors more “bang for their buck”. The latest bout of weakness comes on the back of CPI in Turkey spiking to 18% and PPI to 32.1%.  

International investors will not be rushing in just yet as they await a week full of data from emerging markets. We expect volatility to increase as global markets grapple with, a possible Bad Brexit, ongoing Trade War negotiations and Italy’s budget woes.  


The week ahead: 


Other Economic data releases of interest… 


Short Term Ideas 


Long Term Ideas