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APQ Global CEO comments on Fed interest rate pause, gives outlook for emerging-market currencies

APQ Global Ltd (LON:APQ) CEO Bart Turtelboom tells Proactive Investors he thinks the Fed's recent decision to refrain from interest rate hikes in 2019 is constructive in the short term but believes global markets will remain volatile.

Turtelboom says he expects dollar strength will ease in three to six months, making for a "nice glide path" for emerging-market currencies.

Quick facts: APQ Global

Price: 17.5 GBX

AIM:APQ
Market: AIM
Market Cap: £13.71 m
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APQ Global hails its 2Q results as 'stellar'

APQ Global Ltd's (LON:APQ) Bart Turtelboom tells Proactive Investor New York that the emerging markets play has 'stellar' second quarter results, ramping up EM currency exposure to 76.2% from 48.9% at the end of the March, while EM equities were bumped up to 28.2% from 12.4%. Turtelboom...

on 07/26/2019

2 min read