EM-Stocks fall on virus, China worries; Turkey cenbank decision in focus
Rand fell 0.2%. The outlook for the currency has turned cautious amid protests and a new finance minister attempting to revive the economy.
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Rand fell 0.2%. The outlook for the currency has turned cautious amid protests and a new finance minister attempting to revive the economy.
China's weak lending numbers and increased business scrutiny, political tensions in Poland, and central bank decisions in Turkey, Mexico and Peru headlined emerging market moves on Thursday. The MSCI's index of emerging market stocks fell 0.4% as Chinese shares slipped with...
Opening Call: Europe is primed for a positive open on Monday, on expectations the Fed will maintain its dovish message later this week. In Asia, most major stock benchmarks were higher, along with the dollar and oil, but gold prices lost further ground and Treasury yields were flat. Equities: European shares should extend gains on Monday, with the Stoxx Europe 600 likely to push further into record territory, as investors look ahead to an expected dovish Fed meeting this week. "There's probably some chance of a bit more of a 'let's-see-what-they-have-to-say type of approach," sa...
Jefferies says its highest-conviction stock picks have beaten the S&P 500 so far in 2021, and updates its analysts calls as mid-year approaches.
EMERGING-MARKETS/LATAM (UPDATE 1):EMERGING MARKETS-Brazilian real falls for the week; Mexican peso eyes weekly gain