Sign in
Stories
Emerging Markets Show Potential for Annual Gains
Share
Asian Economic Events: Chinese PMI and F...
Asian Markets Eye Geopolitics and Econom...
Asian Markets Rally as Wall Street Surge...
Asian Shares Set to Snap Two-Year Losing...
Asian shares expected to rebound with ra...
Election Uncertainty Raises Market Risk
Overview
API
Emerging markets stocks and currencies are poised for annual gains despite subdued performance, with the MSCI gauge of emerging market stocks on track to snap a two-year losing streak and gain nearly 7% for the year. The United States Federal Reserve's dovish stance and positive economic data have fueled investor expectations for rate-cuts, with the December quarter being the best performing period for stocks and currencies index. China's yuan rose to a seven-month high, while Turkey's lira weakened, marking one of the worst-performing emerging market currencies. Central and Eastern Europe currencies were little changed against the euro, with the Hungarian forint set for a 4% annual gain. In South America, a national strike in Argentina is looming as opposition to the government's economic overhaul grows.
Ask a question
How might the national strike in Argentina affect the country's economic policies and investor confidence?
How might the potential annual gains in emerging markets impact global investment strategies and diversification?
What factors could influence the performance of emerging market currencies in the coming year?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Sep 2023
Oct 2023
Nov 2023
Coverage