Week of September 10 - In EM contagion is raging - TDS

Analysts at TD Securities, (TDS), explained that the word "contagion" is increasingly being used to explain the broad-based poor performance of EM assets. 

Key Quotes:

"But "contagion" implies that pricing is driven by flows rather than fundamentals."

"We are on the outlook for opportunities...

CBs (GBP,EUR,TRY,RUB); Spkrs (USD,SEK,AUD,GBP,NOK); Jobs (GBP,AUD); CPI (CNY,NOK,USD,JPY,SEK); IP (EUR,CNY); Survey (EUR,USD,AUD); GDP (JPY,SEK); Retail (CNY,USD); Housing (CAD,USD); BoP/Trade (GBP,JPY)."

Weekly Highlights

• ECB Preview: Time to Deploy the Taper
• BoE Preview: Nothing to See Here...
• Two charts to ponder in USDCAD
• The $200bn Question
• The Riksbank Pushes Out its Rate Hike. Again.
• September BoC: Don't Rock the Boat
• Trade Idea: Receive 10y US vs EU Swaps
• AUD Q2 GDP: good news, CPI next