Europe, the continent that has rocked the global financial markets with debt crisis and a Brexit has been relatively quiet on the financial front in the past few months. However, there are 2 significant significant developments that warrant the attention of investors. Here are some of the newsworthy events which we should watch out for:

Implications of EU tapering of QE

The EU central bank initiated their Quantitative Easing (QE) program in 2009 and since than, the EU economy has recovered sufficiently to warrant the EU central bank to start tapering back on the QE program. The tapering involves decreasing the amount of monthly bond purchase until it reaches zero. The last time US Federal Reserves started tapering in 2014, the emerging market currencies and stock markets suffered a major correction. The good news is that the EU tapering will be slow and gradual and expected to end and is expected only to end in Q4 of 2018. Further more, Emerging markets’ debt are mainly denominated in …