Strategy Note: It’s not just about Italy

  • Chart 1: EM is vulnerable to Global $-liquidity conditions tightening beneath the surface, which we believe will not bode well for the rand and EM FX
  • Chart 2: Euro-$, market reached our target level
  • Chart 3: $-rand, a correction is likely to unfold
  • Chart 4: SA TWR, the bull since 2016 is most likely over
By | 2018-05-31T15:01:16+02:00 May 31st, 2018|Markets and Research|0 Comments

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