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| | | The COVID-19 pandemic could lead emerging markets to lose the last decade in progress, as the world sinks deeper into a global recession far worse than the Global Financial Crisis. That's according to State Street Global Advisors head of global ... |
| | | | ... more than half to -16.1% from -33.7%. Similarly, South Korea has more than recouped its 5.2% depreciation versus the US dollar, rebounding by 5.4% from the March 19 low. These, perhaps factored into Bank of Korea's (BOK) decision to keep monetary ... |
| | | | ... unhedged products towards currency hedged products," Dyall said. "Over March the Australian dollar fell 5% against the US dollar over the month and has fallen 13% since the start of the year." The iShares Core S&P 500 ETF had the largest net outflows ... |
| | | | ... said. "This selling-off had a material impact on REITs. Australia was impacted hardest in the region, down almost 50% in US dollar terms year to date, while Hong Kong has held up the best down 23%." The significant downturn in Australia was owed to the ... |
| | | | ... firefighting efforts." Spivak said looking to the past can be helpful, particularly if you focus on the direction of the US dollar through previous crisis. "In 1987, rates were going up and so it made sense that USD was rallying on fairly conventional ... |
| | | | ... survive the intervening period," he said. "Credit markets also moved higher yesterday, although it was noticeable that US dollar high yield debt is still close to its lows given that these companies are more likely to fall through the cracks in both ... |
| | | | Magellan chair and chief investment officer Hamish Douglass believes COVID-19 could lead to near total economic shutdown, but says his global equities portfolio is well positioned to withstand the current volatile environment. To reduce risk, Douglass ... |
| | | | ... billion quantitative easing program and asserting coordinated action with BOE, BOJ, ECB and SNB to boost liquidity via US dollar liquidity swap lines. Opening trade on March 16 saw the Reserve Bank of New Zealand deliver its own "emergency" rate cut ... |
| | | | ... are also likely to see a lot more investment in China and emerging markets in the fallout from the virus because the US dollar is currently over-valued. "During the GFC the USD was undervalued, but in these current circumstances that it not the case ... |
| | | | ... ammunition on renewed trade war offensive toward the Eurozone. The fact remains that the euro's depreciation versus the US dollar is giving the single currency region a leg up. The euro has weakened by 0.5% this year to date and by 4.7% from a year ... |
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