Economic growth scare in global markets: The Global Markets FX Week Ahead Podcast

2021-07-12

The past week has seen an under performance of high-beta and emerging market currencies. Lee Hardman, currency analyst at MUFG EMEA, breaks down the various ongoing factors triggering this economic growth scare, including increasing numbers globally of the Delta COVID variant. Meanwhile, the European Central Bank has completed its policy review, with changes to its goals and targets creating more leeway to maintain looser policy for longer. How has this been received by the markets? Disclaimer:...

The past week has seen an under performance of high-beta and emerging market currencies.

Lee Hardman, currency analyst at MUFG EMEA, breaks down the various ongoing factors triggering this economic growth scare, including increasing numbers globally of the Delta COVID variant.

Meanwhile, the European Central Bank has completed its policy review, with changes to its goals and targets creating more leeway to maintain looser policy for longer. How has this been received by the markets?

Disclaimer: www.mufgresearch.com (PDF)

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