Regional markets rebound on improving investor sentiment
Regional markets rebound on improving investor sentiment
Regional Economics & Strategy
01 Σεπτεμβρίου 2010
A three-speed economic recovery is witnessed among the group of New Europe economies. Turkey and Poland show strong growth, Serbia and Ukraine are rebounding modestly, while Romania and Bulgaria are lagging behind the league. Vindicating our earlier expectations, the Polish zloty and the Turkish lira were among the outperformers in the recent rally, with both currencies remaining our preferred picks over the next 3-6 months.
