Elsewhere in the Emerging Markets, we saw China lower it’s RRR by 50 bps overnight and Brazil also cut it’s interest rates by 50 bps.
Chinese PMI data due out in 2 hours might also add to volatility this morning, especially in the AUD.
Elsewhere in the Emerging Markets, we saw China lower it’s RRR by 50 bps overnight and Brazil also cut it’s interest rates by 50 bps.
Chinese PMI data due out in 2 hours might also add to volatility this morning, especially in the AUD.