HSBC Sage Flags Emerging-Market Pullback on Dollar – Bloomberg 08-07-14

On August 7, 2014   /   Brazil Real, Colombian Peso, Mexican peso, Ruble, South African Rand, South Korean Won, US Dollar, Zloty  

Salient to Investors: David Bloom at HSBC said to sell emerging market currencies, including the Rand, Ruble and Mexican and Colombian Peso, on increasing signs of US growth supporting the US dollar .  Bloom said a mass investor exodus depends on what happens to volatility on long-term US rates moving up – if long

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Goldman Says Real, Lira, Rand Must Weaken to Close Trade Deficit – Bloomberg 06-21-13

On June 21, 2013   /   Bond Market, Brazil Real, Chile Peso, Goldman Sachs, Rupee, South African Rand, Turkish Lira  

Salient to Investors: Themistoklis Fiotakis at Goldman Sachs said to curtail widening current account deficits, the Turkish lira, South African rand and Indian rupee would need to depreciate 30 percent on a trade-weighted basis, while the Brazil real and Chile peso need to fall 20 percent. Fiotakis said the EM bond

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