Strong depreciation of many emerging countries currencies continues. The Turkish lira is closer and closer to the historical lows recorded in mid-August. The Latin American currencies are clearly losing their value. If sentiment in the US stock markets worsens, then the zloty may be under clear pressure from sellers.
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29 Aug 2018 15:39
Threats from the EM countries (Afternoon audio analysis 29.08.2018)
Strong depreciation of many emerging countries currencies continues. The Turkish lira is closer and closer to the historical lows recorded in mid-August. The Latin American currencies are clearly losing their value. If sentiment in the US stock markets worsens, then the zloty may be under clear pressure from sellers.
Marcin Lipka, Cinkciarz senior analyst
See also:
Threats from the EM countries (Afternoon audio analysis 29.08.2018)
The US trade deficit (Afternoon audio analysis 28.08.2018)
Inverted yield curve (Afternoon audio analysis 27.08.2018)
Weekly summary (Afternoon audio analysis 24.08.2018)
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