Emerging-Market Assets Snap Three-Day Drop on US Tariff Relief
(Bloomberg) -- Emerging-market equities and currencies snapped three days of declines on Monday as President Donald Trump signaled certain nations will receive breaks from next week’s reciprocal tariffs, boosting risk appetite across the region. Most Read from Bloomberg The MSCI emerging-market equity index rose 0.4%, driven by gains in Hong Kong-traded technology bluechips. Developing-world currencies, meanwhile, traded mixed, with the broad gauge up less than 0.1%. The Mexican peso led gains amid easing tariff pressures from the world’s largest economy. Trump’s upcoming tariff announcement on April 2 is poised to...