TITLE

BMI View: Global

PUB. DATE
September 2007
SOURCE
Emerging Markets Monitor;9/10/2007, Vol. 13 Issue 22, p3
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
The article presents an outlook for the emerging markets. The break through key resistance at $684.00/oz for gold sets up the potential for a medium-term rally towards $850.00/oz. It notes that the December euro bund seems set for a push through 114.00. The European Central Bank (ECB) rates are expected to increase further from 4.00%, with the refinancing rate forecast to rise to 4.25% by end of 2007 and 4.75% by end of 2008.
ACCESSION #
26537185

 

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