Regional growth on solid footing in Q2-2017 | Eurobank
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Q2-2017 second GDP estimates confirm a solid footing for most of the economies of the region. Regional assets extend gains in Q3 2017. Regional bourses firm trailing the rally in emerging and major global stock markets. Emerging external debt markets extend rally firm; regional currencies modestly weaken on idiosyncratic factors. EM assets likely to remain range-bound into year-end as developing-economies’ fundamentals remain favorable but valuations are rich.