Emerging Market Stocks Drop as Data Stokes China Economy Jitters

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(Bloomberg) -- Emerging-market stocks declined on fresh signs of economic troubles in China in a session marked by low liquidity with the US market closed...

-- Emerging-market stocks declined on fresh signs of economic troubles in China in a session marked by low liquidity with the US market closed for the Labor Day holiday.Dense Cities With Low Emissions Suffer Most From Air Pollution, Study Finds

In currency markets, the focus is turning to the countdown to US monetary easing, with data set to shape expectations around the magnitude of interest rate cuts, the impact on the dollar and sentiment toward riskier assets. Reports include US jobs data later in the week. Concerns about Brazil’s fiscal outlook intensified after President Luiz Inacio Lula da Silva on Aug. 26 announced a plan to increase the number of families benefiting from cooking gas subsidies. The Supreme Court’s recent decision to block users in Brazil from accessing social media platform X also soured sentiment.

 

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