Last week, Emerging Market Equity Fund Flows were down for the 4th straight week with the largest outflows seen since the August 2011 bloodbath.
Despite a buoyant market ahead of the Fed the afternoon session is being clouded by concern coming out of a Financial Times (FT) article about how Big Ben may be more ready to talk tapering on Wednesday that many had thought.
The price of gold this afternoon remains slightly lower by 0.43% or -$6.00 to $1,381.60 as gold traders remain on the sidelines ahead of the Federal Reserve policy meeting and statement this Wednesday.
The charts tell you what you need to know about asset flows, quantitative easing (QE), and the impact on emerging markets.
Lots of noise in the media from sources that don’t know Turkey, haven’t invested there, and certainly have never been there.
Another old school American brand gets taken out by an emerging market player who has both global ambitions and need to satisfy demand at home.
Key level held overnight in the Aussie dollar (AUD).
Shhhh. Equities are usually the last to know. You want to see volatility – equities are not telling the story of some of the deepest most liquid markets in the world that are all over the map
