As the global markets expect the Fed to continue to lead (where perhaps ECB could have helped more) the players in Asia and Europeans are optimistic of a soft Fed.
Emerging economies would heave a sigh of relief that current situations do not immediately permit Fed to move up rates.
Markets are seeking some positive clues to parking huge liquidity. However, by the time Fed communicates, the market would have factored a soft approach. What happens then?
Emerging economies would heave a sigh of relief that current situations do not immediately permit Fed to move up rates.
Markets are seeking some positive clues to parking huge liquidity. However, by the time Fed communicates, the market would have factored a soft approach. What happens then?
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