Dollar Path Divides Goldman, Fidelity Over Emerging-Market Bonds

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 51 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 55%
  • Publisher: 63%

Fidelity International Notícia

Goldman Sachs,Bloomberg,Interest Rates

(Bloomberg) -- Goldman Sachs Group Inc. says emerging-market investors should favor dollar-denominated bonds over local-currency ones. Fidelity International...

-- Goldman Sachs Group Inc. says emerging-market investors should favor dollar-denominated bonds over local-currency ones. Fidelity International says the opposite.A Radical Fix for Britain’s Housing Crisis: A New Offshore City

“Even a benign macro markets outlook and Fed cuts are likely to increasingly take a back-seat to the US elections – which may potentially re-set the policy landscape in a way that is unfriendly to EM local currency assets,” he said. “With the Fed soon to commence its easing cycle, the stars are aligning for EM rates and FX to perform better,” said George Efstathopoulos, a portfolio manager at Fidelity in Singapore. “EM local election-risk premia has subsided now that index heavyweights such as Indonesia, India, Mexico have already gone through their election cycles.”

“Emerging markets could face challenges if US protectionism increases,” Gama’s De Mello said. “This could lead to a depreciation of EM currencies and force EM central banks to maintain policy rates at higher levels than they would otherwise.

Djokovic bids to win his first Olympics gold medal against Alcaraz in a rematch of last month’s Wimbledon finalEvery Team GB medal so far at the 2024 Paris Olympics

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 47. in BR

Brasil Últimas Notícias, Brasil Manchetes