ChinaUSD/CNY
Turkey’s central bank meets Tuesday
Brazil central bank meets Wednesday and consensus view is to keep rates steady at 7.25%
South Africa March CPI will be reported Wednesday, expected at 6.0% y/y vs. 5.9% y/y in February.
Colombia is expected to announce a stimulus package of some sort on Monday, and is expected to contain measures to weaken the peso. USD/COP
Colombia is just one of many in EM that are concerned about currency strength.USD/BRL
The plunge in gold is hogging much of the market’s attention, but we note that copper and oil are also succumbing to a generalized rout in commodities.
Turkey’s central bank meets Tuesday
Brazil central bank meets Wednesday and consensus view is to keep rates steady at 7.25%
South Africa March CPI will be reported Wednesday, expected at 6.0% y/y vs. 5.9% y/y in February.
Colombia is expected to announce a stimulus package of some sort on Monday, and is expected to contain measures to weaken the peso. USD/COP
Colombia is just one of many in EM that are concerned about currency strength.USD/BRL
The plunge in gold is hogging much of the market’s attention, but we note that copper and oil are also succumbing to a generalized rout in commodities.