Last week, there were both monetary policies and declarations. On one hand, minister Guzmán hinted at the outlines to an arrangement with the IMF in his speech at the IDEA forum.… Read the rest
It is not just confined to the advanced economies
Inflation in emerging market and developing economies
1. Inflation fell to extraordinarily low levels in the emerging and developing (EMD) economies in the early stages of the pandemic, before staging a partial recovery.… Read the rest
- The renminbi posted its largest quarterly gain against the US dollar in 12 years, but on a trade-weighted basis, recent renminbi gains are less remarkable.
- The phase one trade deal appears safe for now, and market participants appear unconcerned by US-China tensions on other issues.