Turkish Gold demand smooths the decline

Turkish Gold demand smooths the decline

After the Russian demand, EM countries enter the arena Turkish gold demand has risen 34% compared to last year’s 1st quarter. It’s not such a big fish in the global market but with other EM currencies suffering from the latest USD rise( ARS another one in...
What’s driving EM and commodity currencies?

What’s driving EM and commodity currencies?

Fixed Income Research & Macro Strategy (FIRMS) from Olivier Desbarres at 4X Global Research 13 April 2018 Currency volatility remains subdued and European currencies, the Chinese Renminbi and even the Brazilian Real and South African Rand, have done little...

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