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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


Global Commodity Watch

John Baffes's picture

Non-energy commodity prices in September rose for the third straight month, up 3.9 percent, due to supply constraints and a weakening U.S. dollar—down 1.5 percent versus the euro. For the first nine months of the year, non-energy prices are up 17.9 percent, with large gains in iron ore and fertilizers.

Indices of Nominal US$ Prices (2000=100)
Source: The World Bank