FXStreet (Guatemala) – Analysts at TD Securities explained the changes that have occurred in EM’s.
Key Quotes:
“Chinese policymakers introduced circuit-breakers for its equity markets on Monday, but then suspended them on Thursday
PBOC finally fixed USD/CNY lower (albeit marginally) Friday after eight straight days of higher fixings
Tensions have risen on the Korea peninsula after the North detonated some sort of nuclear weapon
The State Bank of Vietnam has moved to a more market-based exchange rate
Brazil’s former President Lula has been ordered to testify as a witness for a case regarding jailed lobbyist Paes dos Santos
Venezuelan President Maduro instituted a major cabinet shuffle.”
(Market News Provided by FXstreet)