Blogotariat

Oz Blog News Commentary

Emerging markets crash drags Australian dollar to cliff

June 19, 2018 - 06:36 -- Admin

DXY and EUR boxed themselves to standstill last night: AUD was hammered versus DMs anyway: But couldn’t catch down to EMs: In an unfortunate development, the Chinese yuan is now falling fast, raising even more heat on EMs: Gold held its losses: Oil bounced on OPEC rumours: Base metals broke: Big miners hung on somehow:

The post Emerging markets crash drags Australian dollar to cliff appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]