EM Weekly Podcast: Vulnerable EMFX Now Face Euro Recession Risk

Aug 08, 2022

Source: Bloomberg, 04:35

In this week’s podcast, Netty Ismail in Dubai explains why traders are bearish on the Hungarian forint, Polish zloty and Czech koruna as a euro-area recession looms.

Economic indicators to watch include Chinese inflation numbers on Wednesday. Egypt and India will also report on CPI, while Thailand is set to raise its benchmark rate by 25 basis points. Russia’s second-quarter GDP is due Friday, and Malaysia and the Philippines will also report their growth numbers. Kenya’s presidential election is on Tuesday.