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Why a bullish call on Emerging Markets is proving to be right
Ole Hansen, Saxo bank's Head of Commodity Strategy, analyses the opportunities available as the vicious circle of low commodity prices and and EM weakness looks like it's being broken.
Commodities are seeing price rallies not seen since 2009 and 2012. With the US Federal Reserve now treading water and commodity prices rising, the surge in Emerging Markets has been dramatic. Earlier this week the Saxo Bank strats team issued a bullish call on Emerging Markets in their latest Q4 Essential Trades:
05:36 minutes
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