Same story, different day.
Euro periphery continues to recover with short-end outperforming.
EM
LatAm currencies stable x/ Brazil. South Africa lower.
Brazil and Mexican stocks lower.

Same story, different day.
Euro periphery continues to recover with short-end outperforming.
EM
LatAm currencies stable x/ Brazil. South Africa lower.
Brazil and Mexican stocks lower.

In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.
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