EM strength to continue for now, says Swissquote
The region will continue to improve over the next six months, says Peter Rosenstreich at Swissquote
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High-yielding emerging markets currencies can continue to perform strongly in the near future, despite recent stock market jitters in the US and rising yields on Treasuries causing some watchers to question the sustainability of the strong run in EM units.
“Markets have shrugged off higher US yields, failing to trigger [a] taper tantrum, as forecasted. This is due to a better EM economic outlook, which has sparked animal spirits in investors. A few tighter basis
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