25 C
Lagos, South Africa and New York
Thursday, July 9, 2020

Emerging-Market Stocks Were Pummeled This Week

By Yumi Teso, George Lei, and Alexander Nicholson South Africa’s economy fell into recession, weighing on rand Lira rallies amid rate-hike signals as Turkey CPI accelerates The selloff pummeling emerging market currencies shifted to stocks as contagion concerns...

Markets Emerging-market assets on the rack as Turkey shatters confidence

A chaotic week for developing nations last week took both stocks and currencies near their lowest levels in more than a year. Aline Oyamada and Andrew Janes, Bloomberg Emerging-market assets may be headed for more tumult as the volatility that gripped nations from Turkey...

Emerging Markets at Mercy of Yuan Swings as Currency War Looms

(Bloomberg) -- China’s yuan is back at the top of emerging-market investor worries as the deepening standoff between the U.S. and China over trade threatens to evolve into a currency battle. As the dollar strengthens amid the trade tensions, the slide in the yuan is...

More pain ahead for emerging markets as trade war gets hotter

The iShares MSCI Emerging Markets exchange-traded fund (EEM) is down more than 7 percent for the year as trade tensions between the world's largest economies intesify. Among the biggest decliners in emerging markets were Argentine, Turkish, Brazilian...

Fitch: EM Monetary Policy Settings on Loose Side As Fed Tightens

Link to Fitch Ratings' Report(s): EM Monetary Policy to Follow the Fed Fitch Ratings-London-15 May 2018: Emerging market (EM) monetary policy settings appear to be on the loose side from the perspective of domestic economic conditions and could tighten by more than the consensus expects...

Emerging Markets Under Pressure to Boost Borrowing Costs

Treasury yields, stronger dollar, Fed outlook add to strains Economists revising forecasts see rate increases more likely Emerging-market central banks are going on the defensive. While in Africa's monetary institutions fears of outflows and currency depreciation also make Africa’s central banks cautious of moving too fast...

Nigerian Banks are very Profitable Analysts say as Scandals and Bailouts Fail to Kill Investors Confidence in Emerging-Market Banks

By Selcuk Gokoluk Idiosyncratic events shrugged off in favor of ‘big picture’ Gauge of EM lenders rallies twice as quick as broader index A $2 billion corruption scandal is rocking India’s banks. Russia has taken over some of its biggest private lenders, while Latvia’s No. 3 bank...

Emerging stocks dip as investors eye more hawkish Fed

Claire Milhench LONDON, Feb 1 (Reuters) - Encouraging factory growth data from markets such as Turkey and China failed to lift emerging equities on Thursday as a more hawkish Federal Reserve fuelled an uptick in U.S. Treasury yields, dampening investor appetite. MSCI’s benchmark emerging stocks index...

Nigeria, other Emerging Markets Shrug Off Crises For Best Gains in Eight Years

Assets defied missiles, Trump and Venezuela crisis in 2017 China’s debt crackdown, elections to be key into next year 2017 is set to go down as the year when easy monetary policy and budding global growth came together to deliver blockbuster returns for the world’s...

Emerging market inflows stall; flows to Mexico hit 6-year low -IIF

NEW YORK, Nov 17 (Reuters) - The pace of fund flows to emerging markets has stalled in the fourth quarter, data from a bank lobbying institution shows, with fund flows to Mexico slumping to their lowest since 2011 and accounting for just 3.8 percent...
Open chat
Send us your story