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Cold Turkey

Weekly investor research

08 June 2015

Turkey votes for pluralism over single strong leader. The PRI receives a rebuke from voters in Mexico, but the coalition holds on. Brazil’s Petrobras comes to market with a 100 year bond nearly four times oversubscribed. JP Morgan extends Index Watch for Nigeria’s local bonds. China launches a market for certificates of deposit to link policy rates more directly to deposit rates. Romania’s anti-corruption agency bares its teeth. India’s Rajan cuts one last time and places the ball in the government’s court. The RUB reacts strongly to the central bank’s announcement that it will build reserves. Meanwhile, a strong US payrolls print pushes bond yields higher in developed economies. The full research is available on the link below.

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