Koon Chow
Koon Chow
call caught causing complacent currency cut further global investors market rates rise stay strong yield
The rise in global rates caught the market when it was very complacent about the region, causing a sell-off in the zloty. If we see a further rate cut in Poland, the yield differential over the euro-zone will have shrunk, and only investors with a very strong currency call will stay in the market.
array countries customer emerging interest levels offered quite yield
There's a lot of customer interest in a whole array of emerging markets. The yield levels offered by some of these countries are still quite attractive.
control economy extremely inflation
Inflation is going up and they have to do something to control it. The economy has been doing extremely well and the koruna will probably keep strengthening.