Traders Dig In on Emerging-Market Bet Roiled by Fed

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 28 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 43%
  • Publisher: 63%

Bloomberg Notícia

Victoria Courmes,Market Volatility,Interest Rates

(Bloomberg) -- Money managers are digging in their heels over a popular emerging-market bet in early 2024 even as the trade has unraveled five months into...

-- Money managers are digging in their heels over a popular emerging-market bet in early 2024 even as the trade has unraveled five months into the year.Global Chips Battle Intensifies With $81 Billion Subsidy Surge

The change of tack by EM policymakers was clear to see last week. Brazil’s central bank cut its benchmark Selic rate by a quarter-point, slowing after six consecutive half-point reductions — a move that already led analysts to lift year-end rate forecasts.

“We’re probably closer to an inflection point,” de Sousa said. “The probability of that scenario finally materializing is a little bit higher than it was a couple months ago.” “It’s one of the places that does pay a decent carry with a very good valuation story,” he said of Brazil.

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 PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Investors Dig In on Favored Emerging-Market Bet Roiled by FedMoney managers are digging their heels in over a popular emerging-market bet in early 2024 even as the trade has unraveled five months into the year.
Fonte: BNNBloomberg - 🏆 83. / 50 Consulte Mais informação »

Bond Traders Wait for CPI to Fuel — or Doom — the Market’s Rally(Bloomberg) -- Nothing has been setting the US bond market’s direction this year more than the monthly inflation figures. This week will be no exception...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Bond Traders Wait for CPI to Fuel — or Doom — the Market’s RallyNothing has been setting the US bond market’s direction this year more than the monthly inflation figures. This week will be no exception.
Fonte: BNNBloomberg - 🏆 83. / 50 Consulte Mais informação »

Gold market analysis for May 10 - key intra-day price entry levels for active tradersThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Fonte: KitcoNewsNOW - 🏆 13. / 78 Consulte Mais informação »

Gold market analysis for May 9 - key intra-day price entry levels for active tradersThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Fonte: KitcoNewsNOW - 🏆 13. / 78 Consulte Mais informação »