Week of September 10 - In EM contagion is raging - TDS

Ross J Burland FXStreet

Analysts at TD Securities, (TDS), explained that the word "contagion" is increasingly being used to explain the broad-based poor performance of EM assets.

Key Quotes:

"But "contagion" implies that pricing is driven by flows rather than fundamentals."

"We are on the outlook for opportunities...

CBs (GBP,EUR,TRY,RUB); Spkrs (USD,SEK,AUD,GBP,NOK); Jobs (GBP,AUD); CPI (CNY,NOK,USD,JPY,SEK); IP (EUR,CNY); Survey (EUR,USD,AUD); GDP (JPY,SEK); Retail (CNY,USD); Housing (CAD,USD); BoP/Trade (GBP,JPY)."

Weekly Highlights

ECB Preview: Time to Deploy the Taper
BoE Preview: Nothing to See Here...
Two charts to ponder in USDCAD
The $200bn Question
The Riksbank Pushes Out its Rate Hike. Again.
September BoC: Don't Rock the Boat
Trade Idea: Receive 10y US vs EU Swaps
AUD Q2 GDP: good news, CPI next

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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