2 days ago • Posted by William Ramstein

Commodity spot index rise bolsters EM currency index

The Bloomberg Commodity Index has climbed 8.7% last month in its biggest jump since August--investors expect more to come, but fear inflation as a result of this. Emerging Markets currency index nears a record after surging 1.5% in April. Global stocks continued on an up trend after increasing 4.2% last month. This strength in commodities (who've surged 65% this past year) invigorates the debates over rising prices, and complicates the outlook in debt markets. 

Source: Bloomberg