The sell-off in emerging markets has also brought tension to Central Europe. However, fundamentals of Central European economies are much better than those of the most affected emerging markets. Central Europe is not struggling with any significant external imbalances or with an excessive exposure to a decelerating Chinese economy or to falling commodity prices. The current tension on the emerging markets can be attributed to multiple factors – the scaling back of policy stimulation by the US
Reported by FXstreet.com 15 hours ago.
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