The dollar will continue its decline at a “gentle rate,” the Nikkei 225 should be avoided, and the food sector is well-placed to join the mining industry and move the markets, Robin Griffiths from Cazenove Capital told CNBC Monday.
Brazil took another step on Wednesday aimed at containing the appreciation of its currency, unveiling a 1.5 percent tax on certain trades involving American Depositary Receipts issued by Brazilian companies.
There is no greater source of untapped internal demand than China, says Stephen Roach, Asia chairman at Morgan Stanley. But Roach cautioned that China would only be more attractive after a long overdue correction.
In part 4 of this web only series, Tim Seymour reveals his favorite ways to trade the consumer in emerging markets, home to the world’s fastest growing middle class!... Read More