Emerging Assets Post Worst Week in Two Months on Fed, Tariffs
(Bloomberg) -- The gauge for emerging-market currencies and stocks declined, posting the worst week since August 1 as traders assess the Federal Reserve’s interest-rate-cut outlook and US President Donald Trump’s latest round of tariffs. MSCI’s EM currency index slipped 0.2%, a seventh straight session of losses. A similar gauge tracking developing-nation stocks slumped 1.4% on Friday. Risk appetite for emerging-market assets took a hit this week as mixed signals from Fed officials and stronger-than-expected US economy data clouded the outlook for the future pace of rate cuts. A Bloomberg spot...