Emerging Money Daily Audio Call June 12 - Global volatility this week remains focused on Greece and actually getting some flight to quality in bond yields globally today continuing a small pullback in runaway rates moves.
China RRR cut this weekend? Some of the local strength in Chinese markets coming from expectations of policy support but all of this runs counter to where fund flows out of China are at historic levels.
EM overall saw largest fund outflows in 7 years as China distorts the headline. EM demand may be percolating and watch oil demand out of India and china surprising to the upside in 2H.
Have a great weekend.
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