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Higher Yields Place EMFX On Back Foot, Light US Data Docket

LATIN AMERICA
  • Higher global yields have put pressure on equity indices, bolstered the US dollar and placed emerging market currencies on the back foot Tuesday.
  • The US data docket remains light with Empire State Manufacturing and NAHB Housing Market Index scheduled for release.
  • Headline regional data will be Colombia Economic Activity.
  • Elsewhere, Fitch analysts present their outlook for Latin America credit in 2022.

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