US 10-Year Yields pressing higher, EMs take note
Danger Zone for Emerging Markets around 4.5%, it can mean
negative outflow of Dollars putting local currencies under severe stress.
Drivers of US10Y, keep an eye on Fed interest rates, which will react
to higher inflation. Lower US unemployment --->> higher exposable
wages --->> higher inflation --->> higher Fed interest rates.
The 20,50 & 200 SMA indicates it will go higher.
negative outflow of Dollars putting local currencies under severe stress.
Drivers of US10Y, keep an eye on Fed interest rates, which will react
to higher inflation. Lower US unemployment --->> higher exposable
wages --->> higher inflation --->> higher Fed interest rates.
The 20,50 & 200 SMA indicates it will go higher.