GlobalIntelHub2

Emerging market chaos hits stock markets and currencies

GIH: Political instability, and nervous investors sparked market chaos today, that impacted stock markets and emerging market currencies.  Take a look at the Daily USD/TRY chart: Last 2 days we’ve seen an acceleration in selling of the Turkish Lira, with their central bank currently refusing to cut interest rates.  Real money flows move the Forex […]

Continue Reading