Alon Ozer Discusses Central Bank Meetings’ Effects on Emerging Markets with Reuters

On Thursday, September 12, 2019, emerging market assets surged as investors watched the United States and China make tariff concessions. Furthermore, emerging market currencies scaled a six-week peak against the fairly tepid U.S. dollar, with China’s yuan rising 0.4%. However, investors main focus is on central bank meetings. While the Malaysian central bank held its 3% key interest rate, the Turkish central bank is forecasted to slash its main policy rate of 19.75% to 16% by the end of the year.

Emerging market investors will also keep an eye on the European Central Bank’s decision, where they are expected to not only cut key interest rates, but also launch a fiscal stimulus package. For better insights on how emerging markets may react to these central bank meetings, Reuters recently spoke to Omnia Family Wealth Chief Investment Officer Alon Ozer.

“Emerging markets have already in some part reacted to what’s going to happen in Europe, as we have seen a number of rate cuts already including those in India and Russia,” explains Ozer. “I think the EM central bankers took the cue long before seeing that bond markets have been screaming about significant economic problems around the world.”

To read the entire article, click here.

Have Questions for An Advisor?

This field is for validation purposes and should be left unchanged.

RELATED ARTICLES

Michael Wagner Discusses “Safer” Investment Strategies with Yahoo! Finance

Michael Wagner Discusses “Safer” Investment Strategies with Yahoo! Finance

Read More
Michael Wagner on CBS12 Sunday Morning News live

Michael Wagner on CBS12 Sunday Morning News live

Read More
Michael Wagner Shares Insights into the Labor Market and Consumer Spending With The National Desk

Michael Wagner Shares Insights into the Labor Market and Consumer Spending With The National Desk

Read More
Michael Wagner on the Evolution of Operations Management at Omnia on The COO Roundtable Podcast

Michael Wagner on the Evolution of Operations Management at Omnia on The COO Roundtable Podcast

Read More
Michael Wagner Talks Treasury Bonds in Investor’s Business Daily

Michael Wagner Talks Treasury Bonds in Investor’s Business Daily

Read More
Michael Wagner Comments on the Federal Reserve Interest Rate Hikes in The National Desk

Michael Wagner Comments on the Federal Reserve Interest Rate Hikes in The National Desk

Read More
Omnia Family Wealth Recognized In Financial Advisor Magazine’s 2022 RIA Ranking

Omnia Family Wealth Recognized In Financial Advisor Magazine’s 2022 RIA Ranking

Read More
Michael Wagner Comments on Short-term Treasury Market in Bloomberg

Michael Wagner Comments on Short-term Treasury Market in Bloomberg

Read More
Michael Wagner On the Importance of Flexibility in Attracting Young Advisors in Barron’s

Michael Wagner On the Importance of Flexibility in Attracting Young Advisors in Barron’s

Read More
©2023 Omnia Family Wealth, All Rights Reserved.