π Oil's climb past $100 turns EM into a stress test, and Turkey goes first
The day in view
π Oil's climb past $100 turns EM into a stress test, and Turkey goes first
Brent crude topped $100 a barrel and split emerging markets into winners and losers: Brazil's market rallied, Turkey's central bank was expected to hold rates at 37% on Wednesday, and Mexico logged a food-led uptick in inflation.