Bengaluru — Emerging-market currencies slipped on Friday as investors assessed implications of the US Federal Reserve’s neutral message, while stocks were headed for their second weekly drop in a row amid thin holiday trade in Asia.
“The data shows impact of very depressed domestic demand conditions,” said Timothy Ash at Blue Bay Asset Management. “Some will also focus on the continued maintenance of price controls and question how accurate or realistic these inflation numbers are now.” Falling oil prices have benefited crude importer India’s rupee while export major Russia’s rouble tread water.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
MARKET WRAP: Banks and financials gain despite fall in randThe all share gained 0.37% and the top 40 0.42% with banks and financials standing out as the biggest contributors
Läs mer »
MARKET WRAP: JSE slips ahead of data-heavy weekVolumes on the local bourse were low on Monday, ahead of a busy week in terms of global economic news, as well as Wednesday's public holiday
Läs mer »
MARKET WRAP: JSE slips ahead of data-heavy weekVolumes on the local bourse were low on Monday, ahead of a busy week in terms of global economic news, as well as Wednesday's public holiday
Läs mer »
Business Maverick: Emerging Market Investors Buy Up Bond ETFsIf investors wanted evidence that demand for bonds in the local currency of emerging market countries including SA isn’t fleeting, here it is: the biggest exchange-traded fund tracking local debt in emerging markets has seen 16 weeks of inflows.
Läs mer »