EM Preview for the Week Ahead

PBOC fixed USD/CNY higher for the second straight day today, as the string of CNY gains appears to be over for the time being. Spot USD/CNY moved higher as well, in sympathy with the rest of EM FX weakening. China April IP and retails sales rounded out the April data deluge, with the former rising 9…

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EM Preview for the Week Ahead

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