Tag: EMERGING

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EMERGING MARKETS-Brazil’s real leads Latam FX decline on deeper policy easing worries

EMERGING MARKETS-Brazil’s real leads Latam FX decline on deeper policy easing worries

* Brazil's economists see deeper rate cuts * Brazil's IGP-DI price index falls 0.4% in July * Chile July copper exports down 2.8% Y/Y By Ankika Biswas [...]
EMERGING MARKETS-Latam FX gains against softer dollar but set for sharp weekly losses

EMERGING MARKETS-Latam FX gains against softer dollar but set for sharp weekly losses

* Dollar slips after U.S. July jobs data * Brazil real to slowly reverse gains - poll * Argentina agrees $775 mln Qatar loan for IMF repayment * Latam [...]
EMERGING MARKETS-Brazil’s real drags Latam FX as wider rate cut spooks investors

EMERGING MARKETS-Brazil’s real drags Latam FX as wider rate cut spooks investors

* Brazil cuts rate by 50 bps * Colombia's cuts 2023 forecasts for inflation, growth * Czech Republic keeps rates steady, ends FX interventions (Update [...]
EMERGING MARKETS-Latam FX hit as US credit downgrade bruises mood, dollar pops

EMERGING MARKETS-Latam FX hit as US credit downgrade bruises mood, dollar pops

* Brazil's Haddad 'certain' of rate cut * Dollar jumps, U.S. Treasury raises auction sizes * Peso loses half its value in a year on informal market * [...]
EMERGING MARKETS-Most Latam FX gain as dollar loses shine, Chile rate verdict on deck

EMERGING MARKETS-Most Latam FX gain as dollar loses shine, Chile rate verdict on deck

* Chile rate decision due * Chile unemployment rate 8.5% in June quarter * IMF, Argentina reach staff deal on loan reviews * POLL-Brazil to kick off m [...]
Why France Is Emerging as a European Crypto Hub

Why France Is Emerging as a European Crypto Hub

With Paris recently hosting the sixth annual EthCC, the first since the introduction of MiCA, this year’s iteration also feels especially significant [...]
EMERGING MARKETS-Latam FX gain, Chile’s peso bucks trend on rate cut bets

EMERGING MARKETS-Latam FX gain, Chile’s peso bucks trend on rate cut bets

* IMF expects deal with Argentina in days, peso to weaken * Mexico July inflation eases to lowest in two years * Moody's lowers outlook on indebted Pe [...]
5 emerging digital finance trends to watch

5 emerging digital finance trends to watch

The world of finance is rapidly evolving, driven by advancements in technology and changing consumer behaviors. As humanity moves further into the dig [...]
EMERGING MARKETS-Latam FX clocks strongest weekly gain in over three months

EMERGING MARKETS-Latam FX clocks strongest weekly gain in over three months

* Peru cbank keeps benchmark interest unchanged * Brazil retail sales down 1.0% in May from April * Mexico not interested in Citigroup's local retail [...]
EMERGING MARKETS-Latam stocks, FX outshine EM peers in first half of 2023

EMERGING MARKETS-Latam stocks, FX outshine EM peers in first half of 2023

* Colombia's c.bank keeps interest rate unchanged at 13.25% * Brazil's jobless rate drops to 8.3% in quarter through May * Argentina makes IMF payment [...]
Australia’s crypto laws risk being outpaced by emerging markets: Think tank

Australia’s crypto laws risk being outpaced by emerging markets: Think tank

The Australian government needs to quicken its pace in developing crypto regulation or risk falling behind developing markets, according to the chair [...]
EMERGING MARKETS-Latam FX gains against softer dollar with focus on Fed rate decision

EMERGING MARKETS-Latam FX gains against softer dollar with focus on Fed rate decision

* Fed rate decision due 1800 GMT * Brazil's retail sales rise in April * Nigeria allows naira to drop over 36% on official market * Latam FX up 0.3%, [...]
Why the Biggest Emerging Markets Are Turning to Crypto

Why the Biggest Emerging Markets Are Turning to Crypto

Throw in the increasing probability of significant currency turmoil ahead in emerging countries’ economies, inflationary pressures and a strong dollar [...]
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