Morning Note /
Global

Pullback in the USD and improvement in risk appetite bolsters EM FX

  • Talking points: Brazil’s favourable trade dynamics offer BRL support

  • Fixed Income: Brazilian bond curve bull flattens as global risk aversion abates

  • Forex: BRL joins in on broad based rally in emerging market currencies

Kieran Siney
Kieran Siney

Head of African Markets

ETM Analytics
4 October 2021
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