Rising oil prices irk global central banks
NEW YORK: Just a couple of months ago, emerging market (EM) assets were all the rage as inflation eased and interest rate cut bets surfaced. That trade has all but fizzled out.
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NEW YORK: Just a couple of months ago, emerging market (EM) assets were all the rage as inflation eased and interest rate cut bets surfaced. That trade has all but fizzled out.
The rise in prices may scupper outlooks of emerging market bulls.
Just a couple of months ago, emerging-market assets were all the rage as inflation eased and interest rate-cut bets surfaced. The trade has all but fizzled out.
Emerging market stocks fell on Monday in a glum start to a week packed with major central bank policy decisions, with Hong Kong's benchmark index dragged down by prolonged malaise in China's property...
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