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Unsurprisingly Muted Open

EMERGING MARKETS

An unsurprisingly muted open across most CEE / EMEA markets this morning given the UK/US bank holiday, with some mild outperformance in the TRY as last week's late losses are partially reversed.


A few notable headlines crossing this morning include:

  • DBRS Morningstar confirmed Poland at A, Stable Trend
  • POLISH MPC MEMBER LON SAYS SHOULDN'T RAISE RATES UNTIL UNEMPLOYMENT IS AT 5%: LON
  • SOUTH AFRICA APRIL M3 MONEY SUPPLY RISES 2.02% Y/Y, APRIL PRIVATE CREDIT FALLS 1.76% Y/Y; EST. -0.80% - BBG
  • IRON ORE FUTURES IN SINGAPORE UP AS MUCH AS 5.3% TO $194.45/TON - BBG
  • MALAYSIA MAY ANNOUNCE AID PACKAGE LATER TODAY, NEWSRISE REPORTS - BBG
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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