Market Comment | Risk-on sentiment spurs EM assets despite events in Turkey

Summary

Slightly lower risk aversion than in the previous week, underpinned by stronger economic data from the US and better-than-expected company results, with emerging markets (especially Latin American equities) outperforming developed markets, which were broadly steady. Despite the decline in core European and US bonds, 10Y yields remained quite contained due to investors’ strong conviction that […]

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