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Prospects Daily: Record inflows to EM equity funds in 2010.... G-20 cool to U.S. current account proposal

Global Macroeconomics Team's picture

Important developments today:

1.  Foreign investors pour record amounts of money into EM Funds

2.  U.S. push for current account targets finds little support at G-20 meetings

3.  German IFO index rises to highest level in over 3 years, suggesting more growth to come