OctaFX | OctaFX Forex Broker
Open trading account

Emerging Markets: Dark clouds over manufacturing - TDS

Mitul Kotecha, senior emerging markets strategist at TD Securities, explains that the Emerging Market manufacturing has maintained the trend of deterioration over 2018 as the sentiment worsened in December.

Key Quotes

“The outlook over 2019 does not look much better given slowing growth in major economies and removal of major central bank policy accommodation.”

“China continues to act as a drag on Asian PMIs, with its manufacturing PMI falling into contraction despite stimulus measures.”

“EMEA's PMI continues to be the worst among EMs but within the region sentiment is mixed, with Turkey a major laggard. Latam's PMI remains steady in expansion territory, but Mexico is underperforming, with its PMI pointing to manufacturing contraction there.”

GBP/USD: End of the down move? - Commerzbank

Karen Jones, analyst at Commerzbank, suggests that after the GBP/USD sold off last week, it is probable that the slide to 1.2444 represented the end o
Read more Previous

UK government to hold meaningful vote on Brexit deal on Jan 15: BBC

According to the latest headlines floating on the wires, via BBC, the UK government is said to hold meaningful vote on the UK PM Theresa May's Brexit
Read more Next
Start livechat