Flash: Sentiment towards emerging markets to remain supportive - TDS

FXstreet.com (Barcelona) - According to Cristian Maggio, Senior Emerging Markets Strategist at TD Securities, emerging markets will likely continue to benefit from the decision to postpone tapering by the Fed in the short run.

Key Quotes

"Not only has this halted and reversed capital outflows, but it has also allowed EM policymakers to reduce emergency measures implemented to support their currencies."

"In the short-term, sentiment is likely to remain supportive as EM economies gradually recover and central banks re-focus on growth. This can help equities, bonds and currencies to rally."