Global

African Eurobonds are rebounding, US CPI to dictate market movements

  • Forex: Egypt’s net reserves plunge to a multi-year low, adding to the headwinds for the EGP

  • Fixed Income: African Eurobonds rebound as traders price in a less steep interest rate trajectory

  • Macroeconomic: US seeks to strengthen its relationship with Africa

August 10th, 2022
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