Intraday Market Thoughts
EM fearing US dollar, yields, China trifecta
by
Dec 8, 2014 19:24
The Bank of International Settlements finds that emerging markets face rising risk of servicing their USD-denominated debt owing to the rising value of the US currency. But the real danger will come from bounce in US bond yields as well as persistent deterioration in Chinese economic figures. See full charts & analysis.
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