By Bilal Hafeez 16-10-2020
In: post | Newsletter

Bullish KRW / Next Week’s Key Events + Best of the Web

(2 min read)
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(1) Bullish KRW as Recovery Gathers Pace (2 min read) An improved C/A and rising equity inflows have left KRW as Asia’s best performing currency. Caroline Grady presents the case for why won appreciation is likely to continue. 

(Caroline Grady │ 16th October, 2020)




(2) Key Events: Week of 19 October (1 min read) China’s Q3 GDP data, flash PMIs and the Fed’s Beige Book will all be in focus over the coming week. Monetary policy meetings are concentrated in EM. China, Russia and Israel are all expected to hold rates. Turkey is expected to hike by 150bps, after a 200bps last month. And Hungary may raise the one-week depo rate once again while leaving the policy rate on hold.

(Bilal Hafeez│ 16th October, 2020)



(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)