Emerging Market Stocks Drop as Data Stokes China Economy Jitters

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 30 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 63%

Bloomberg News

Alibaba Group Holding Ltd.,Taiwan Semiconductor Manufacturing Company,Currency Markets

(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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Emerging-Market Stocks Rebound in Asia From $1.2 Trillion Slump(Bloomberg) -- Emerging-market stocks rebounded in early Tuesday trading from a technology-led selloff that had erased $1.2 trillion of shareholder wealth...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Tech stocks, China drag down emerging markets as rebound stallsEmerging-market stocks headed for the biggest drop since the Aug. 5 global slump as China’s economic woes and approaching risks including the U.S. Federal Reserve’s Jackson Hole conference and earnings from Nvidia Corp. left investors cautious.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Tech rally propels emerging stocks to best week in 4 monthsEmerging-market stocks rallied on Friday, driven by tech companies in Asia, following U.S. data which boosted investor optimism that the world’s biggest economy will avoid a recession.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Emerging stocks, currencies diverge as markets price U.S. Fed easingThe benchmark indexes for emerging-market equities and currencies, respectively, moved in opposite directions Monday, deepening a trend that emerged last week, when their short-term correlation was interrupted for the first time in 21 years.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Mexico Peso Leads Emerging Market Rally on Dovish Bank of Japan(Bloomberg) -- Mexico’s peso led a relief rally in emerging markets after the Bank of Japan signaled it would be cautious about raising interest rates...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Emerging Stocks Hit Worst Losses Since 2022 in Global Rout(Bloomberg) -- A global equity selloff gripped emerging markets Monday as shares in the technology hubs of Taiwan and South Korea plunged, leading the broad ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »