Chinese, European central bank actions could help LatAm

Chinese, European central bank actions could help LatAm

Bonds Corporate & Sovereign Strategy China Europe

Indications from Europe and China could improve LatAm market conditions. China is cutting its interest rate and the head of the European Central Bank (ECB), Mario Draghi, said the bank is considering pumping up its quantitative easing program.   “Those things, of course, are going to have some positive impact on emerging markets, but I don’t know by how much or by how fast,” said a DCM source. On Friday, China’s central bank cut its interest rate by 0.25% after the country posted annua

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