Frontier Daily, 2 June: Lira losses slowing, moves in eurobonds, and more...
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EM USD sovereign index closed fairly flat yesterday, but most EM sovereign eurobonds are trading in the green today
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Turkish Lira losses slowed to only -0.36% today as Erdoğan's finance minister pick sparks hopes of a policy pivot
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Ecuador saw largest eurobond losses yesterday, down -1.71%, driven by renewed political unrest in recent weeks
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This report is independent investment research as contemplated by COBS 12.2 of the FCA Handbook and is a research recommendation under COBS 12.4 of the FCA Handbook. Where it is not technically a research recommendation because the subject of the research is not listed on any European exchange, it has nevertheless been treated as a research recommendation to ensure consistent treatment of all Tellimer's research. This report has been produced by the analyst(s) named above (the "Analyst").
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