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2025-07-28 17:33:38
[Emerging market currencies and stocks are both under pressure, multiple uncertainties crush investor confidence? ] ⑴ As investors turn their attention to this week's central bank interest rate decisions and economic data, emerging market currencies generally fell and stock markets did not change much. ⑵ The United States and Europe reached a 15% tariff agreement, which is lower than the 30%-50% previously threatened, but because there were rumors in the market before, the impact on the foreign exchange market was limited. ⑶ The US dollar index rose 0.5%, putting pressure on most emerging market currencies, and the South African rand fell 0.6%. ⑷ The MSCI Emerging Market Currency and Stock Index fell 0.2% and 0.1% respectively. ⑸ Despite this, Fitch's upgrade of Turkey's rating to "Ba3" has eased the pressure on the Turkish lira to a certain extent, causing it to change little. ⑹ The market is also closely watching the negotiations between the United States and China that may extend the trade truce. ⑺ This week, the interest rate decisions of many central banks, including the Federal Reserve, as well as the employment and personal consumption expenditure data in the United States, will dominate the market trend. ⑻ Investors are wary of the potential impact of Trump's tariff remarks on the global economy and inflation.
