The last article in our blog series on what businesses need to know about key global currencies in the second half of 2018 covers emerging markets. Read on as we look at commodity prices, interest rate policies, and the economic growth of emerging markets and what businesses can expect in the upcoming months.
Fed fund futures are signaling a 95 percent probability of a rate hike when the Federal Open Market Committee meets on December 14. A repeat of last year’ lone rate hike is in the works for 2016. Donald Trump’ election while surprising seems to have brought inflationary expectations that were a concern for the American central bank this year. The minutes of the last FOMC meeting will be released next week and are expected to bring more insights into how close Fed members are to a rate move.
For Brazil’s real, the last few months have been no carnival. Natasha Lala of OANDA | Solutions for Business group, gives an overview of how the former global hotspot fell out of favor—and how those corporates that work with the currency can respond.