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USDZAR looking to test that 2018...>

EMERGING MARKETS
EMERGING MARKETS: USDZAR looking to test that 2018 high. EM FX have been under
considerable pressure led by risks, but countries like South Africa and Turkey
have their own local issues.
-Recall RTRS overnight: Ratings agency Moody's said on Thursday it sees
"elevated" risks to South Africa's budget forecasts due to doubts over whether
trade unions will agree to cutting the public sector wage bill and potential
liabilities from struggling state companies. 
*And for the TRY the latest Turkish military death, has kept the Turkish Lira
weakened.

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