Market Comment | EMs under pressure, while Italian politics returned to the forefront
Published on Friday, May 18, 2018
Market Comment | EMs under pressure, while Italian politics returned to the forefront
Summary
EMs continued under pressure, as the 10Y US Treasury yield consolidated above the 3% threshold and the USD went on an upward trend during the week, among other things due to positive macroeconomic data (US retail sales, early this week, (see)). Against this backdrop, the US equity market remained stable and the volatility index remained subdued […]
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