-- Emerging-market currencies fell to a new low for the year as the dollar extended gains into a fifth day amid heightened geopolitical tensions and after robust US data boosted bets the Federal Reserve will delay interest-rate cuts.Iran’s Attack on Israel Sparks Race to Avert a Full-Blown WarThe MSCI EM Currency Index dropped 0.2% on Tuesday to the lowest since December.
Meanwhile, any weakening in China’s managed currency can have an outsized impact as it is seen as an anchor for its regional peers. Most under threat are the currencies of Asian neighbors such as South Korea and Thailand, where China is the number one trading partner but a suddenly weaker yuan may have a much wider effect.
The energy sector is ripe for fresh gains due to attractive valuations, investor positioning, and structural tailwinds, David Rosenberg said.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Emerging Market Currencies Drop to 2024 Low After Iran’s Attack on IsraelEmerging-market currencies fell to a new low for the year as the dollar extended gains into a fifth day amid heightened geopolitical tensions and after robust US data boosted bets the Federal Reserve will delay interest-rate cuts.
Sumber: BNNBloomberg - 🏆 83. / 50 Baca lebih lajut »
Emerging-Market Currencies Hit Two-Month Low on Flight From RiskA gauge of emerging-market currencies dropped to the lowest level in more than two months as rising geopolitical tensions added to an increase in risk aversion amid a shift in the US rate outlook this week.
Sumber: BNNBloomberg - 🏆 83. / 50 Baca lebih lajut »
Emerging-Market Currencies Erase April Gains on South Korea, FedBASF may cut all jobs at battery materials plant over red tape
Sumber: BNNBloomberg - 🏆 83. / 50 Baca lebih lajut »
Currencies Miss Emerging-Market Rebound Led by Reform StoriesEmerging-market currencies fell for a second day Thursday, on track for the lowest close since Feb. 14, amid thin trading ahead of the Easter holiday in the Americas and the end of the quarter.
Sumber: BNNBloomberg - 🏆 83. / 50 Baca lebih lajut »
Colombia Returns to Bond Market in Test for EM Junk AppetiteColombia returned to the bond market, testing investor appetite for emerging market junk bonds.
Sumber: BNNBloomberg - 🏆 83. / 50 Baca lebih lajut »