25 C
Lagos, South Africa and New York
Thursday, November 26, 2020

Latin American assets dip as China virus fears diminish risk appetite

* Brazil's real eyes fourth straight weekly decline * Latam "bellwether" for EM anxiety in Asia holiday- Analyst * Argentine stocks set for worst week since early Nov (Adds details, updates prices) By Ambar Warrick ...

Emerging markets investors yearn for growth as yield buffer evaporates

The winning streak in emerging markets may hinge on whether central banks have finally done enough to bring about an economic turnaround. With policy makers in developing economies widely seen as being in the final stages of their easing cycle, the bulls will be hoping...

EM stocks scale 19-month highs; rand firms on rate cut

Emerging market stocks climbed toward 19-month highs on Friday, as data showed the Chinese economy was chugging along despite a bruising trade war with the United States, while South Africa’s rand firmed after a surprise rate cut. A basket of emerging market equities rose 0.3%,...

Emerging economies’ debts climb to $55 trn in 2018 – World Bank

Emerging and developing economies (EMDEs), including Nigeria, have accumulated debts to the tune of $55 trillion as at end 2018, marking an eight-year surge that has been the largest, fastest, and most broad-based in nearly five decades, the World Bank said yesterday. The new...

India plans to cap commissions for Uber, Ola – Economic Times

India plans to cap commissions app-based taxi aggregators such as Uber and home-grown Ola earn on rides to a maximum 10% of the total fare, financial daily Economic Times (ET) reported on Thursday, citing people privy to the matter. Adds details, background BENGALURU, Nov 28 (Reuters)...

EMERGING MARKETS-Stocks edge higher on trade deal hopes

By Shreyashi Sanyal Nov 27 (Reuters) - Emerging market stocks nudged higher on Wednesday after comments from U.S. President Donald Trump spurred hopes of a resolution to the trade dispute between the United States and China. Stocks and currencies in the developing world bounced after a...

Nigeria may keep benchmark rate unchanged as Investors bet on Weaker Dollar to Spur Emerging-Market Bulls

By Netty Idayu Ismail , Lilian Karunungan , South Korea’s central bank set to hold its benchmark rate Mexican third-quarter GDP figures may show stalling economy As Nigeria and other emerging markets set to keep interest rate unchanged. Global Investors looking for a weaker dollar to...

Frontier Market Borrowing Binge

By IMFBlog Rock bottom global interest rates have been a boon for so-called frontier-market countries, which have been able to borrow cheaply to finance their development needs. But there can be too much of a good thing: countries that don’t put the money to good...

Analysts say some emerging market currencies look appealing as the Fed weighs rate cuts

Abigail Ng | @abigailngwy Investors should be looking to buy emerging market currencies against the U.S. dollar, two analysts tell CNBC. "We do think there is a basket of emerging market currencies that look appealing as the Fed is poised now to begin cutting rates as...

Emerging market assets are running on empty

Stocks and bonds are rallying but growth forecasts are being cut all over the world by Jonathan Wheatley There is bad news and good news for emerging market investors this year. The bad is that EM growth is tanking; the good is...
WP to LinkedIn Auto Publish Powered By : XYZScripts.com
Open chat
Discuss your story with us