Tech Rout Sinks EM Stocks as Currencies Swing on Fed Bets – BNN Bloomberg
(Bloomberg) -- Emerging-market stocks had their worst day since the selloff that tanked global markets in early August as tech...
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Dollar Heads for 2024’s Biggest Monthly Loss as Fed Signals Cut – BNN Bloomberg
(Bloomberg) -- The proximity of Federal Reserve interest-rate cuts is tormenting the US dollar this month, sending the world’s reserve...
Pimco Sees Value in Local EM Debt as Fed to Spark Yield Hunt – BNN Bloomberg
(Bloomberg) -- Local currency debt from emerging markets will provide the best returns for investors once the Federal Reserve begins...
Asian Currencies Catch Up with Fed Rally, Lead EM Gains – BNN Bloomberg
(Bloomberg) -- Asian currencies gained Monday as they caught up with a rally sparked on Friday by dovish remarks from...
Israeli Shekel Slides, Volatility Jumps on Elusive Cease-Fire – BNN Bloomberg
(Bloomberg) -- Israel’s shekel slumped on Monday and the nation’s bond yields jumped to the highest since Aug. 1 as...
Emerging-Market Currencies Slip After US Retail Sales Beat – BNN Bloomberg
(Bloomberg) -- Developing-nation currencies trimmed weekly gains after data underscoring the resiliency of the US economy cooled bets on an...
Emerging Currencies Clock Best Week of 2024 in Wake of Selloff – BNN Bloomberg
(Bloomberg) -- Emerging-market currencies posted their best week of 2024, rebounding from Monday’s brutal selloff with a bang as concerns...
All About ZiG, Zimbabwe’s Latest Shot at a Stable Currency – BNN Bloomberg
(Bloomberg) -- Zimbabwe’s sixth attempt in 15 years to establish a national currency is already running into trouble. The ZiG, short...
African Central Banks Step in to Prop Up Slumping Currencies – BNN Bloomberg
(Bloomberg) -- African central banks are stepping up uncoordinated interventions in their markets to prop up their slumping currencies and...
Euro Jumps to $1.10 on Bets Fed May Go Beyond ECB on Rate Cuts – BNN Bloomberg
(Bloomberg) -- The euro climbed to the strongest level in seven months as signs the US economy is much weaker...
