In Europe’s emerging markets, investor optimism remains dominant…
That’s a statement from a report out of Hungary in the Portfolio Online Financial Journal. It is not only interesting because it details strengthening emerging market currencies, but does it in reference to declining values for the US dollar and the Euro.
I’m not an economist, but it seems fairly obvious that with uncertain markets at home, a declining dollar, and potentially lucrative emerging markets abroad that are apt to have strong demand for new products, doing new business in new parts of the world just makes sense. On that score, the article offers this:
In an interest rate environment that practically means zero interest (0.10% base rate), increased risk appetite is prompting American investors to seek profits in other markets – this is indicated not only by US dollar sales but also the rise of Asian and European markets.