Last quote by Roxanna Hulea
Roxanna Hulea quotes
The lira is still outperforming the rand but in duration products there is some evidence of this news being priced in, so a positive outcome could boost the appetite afterwards.
EM overall has been quite resilient despite the contrasting rhetoric. People are reassessing the balance of risks ahead ... but overall I don't see a sustained risk off move for EM.
The positive momentum for emerging markets is premised on positive expectations regarding more stimulus in G10 - overall that's the theme that supports emerging markets and the appetite for risky assets.