Wednesday, 10 June 2020

Emerging Markets at Risk? Capital Flows Eyed After Fed, Powell

Emerging market capital outflows have been cooling. Yet, the EEM may be stalling in the aftermathof the Federal Reserve rate decision and Chair Jerome Powell press conference.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...