Emerging market stocks head for weekly gains on China boost, Fed relief

  • 📰 malaymail
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 86%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

NEW YORK, March 3 ― Emerging market stocks rose today and looked set to snap four weeks of losses, buoyed by prospects of a steady recovery in China and comments from a...

NEW YORK, March 3 ― Emerging market stocks rose today and looked set to snap four weeks of losses, buoyed by prospects of a steady recovery in China and comments from a Federal Reserve official backing the case for slower interest rate hikes.

“While growth in developed markets is expected to slow in 2023 from 2022, growth in emerging markets is expected to improve in aggregate, supporting investors,” said Shaun Murison, a senior market analyst at IG. Russia's rouble weakened against the dollar at 75.41. The country's service sector returned to growth for the first time in five months in February as client and new business increased, boosting firms' optimism for 2023.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 1. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Asian stocks up on hopes Fed will adopt slow approach to more hikesHONG KONG, March 3 — Asian shares rose today after Wall Street reversed losses on signals of a measured policy tightening approach from the US Federal Reserve as well as on...
La source: malaymail - 🏆 1. / 86 Lire la suite »