Tuesday, March 21, 2023

Tag Archives: rebound

Commodity and EMG currencies rebound overnight

emg markets

– Commodity- and EMG currencies saw a nice rebound overnight, after they have been mainly under pressure. Also equity markets in Asia rallied towards the end of their session. Oil continued to drift lower from the 11 months high hit last Friday. EURUSD has digested S+P’s EFSF outlook revision and another Greece downgrade well. – Stocks: Nikkei +0.92 %, Hang …

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