emerging markets
S&P 500 Slides With Crude as Treasuries Slump on Fed Rate Bets
©2015 Bloomberg News NYQY7R6KLVRB (Bloomberg) — U.S. stocks fell the most in two weeks as crude plunged past $40 a barrel to send energy shares tumbling. Treasuries fell after Federal Reserve Chair Janet Yellen indicated increasing confidence in the economy two weeks before central bank officials meet. The Standard &
Emerging Stocks, Currencies Gain as Economic Confidence Returns
©2015 Bloomberg News NX9F936K50XZ (Bloomberg) — Emerging-market assets rose for a third day as increasing confidence that the global economy is stabilizing outweighed concern that a pending increase in U.S. borrowing costs will lure money away from developing nations. Colombia’s peso led gains in currencies, strengthening 3.5 percent against the
Emerging-Market Stocks Set for Fourth Weekly Gain on Stimulus
©2015 Bloomberg News NWP2CQ6KLVRC (Bloomberg) — Emerging-market stocks rose for a fourth week, the longest streak of gains in six months, as an interest- rate cut in China and prospects for continued monetary stimulus in Europe spurred demand for riskier assets. Tencent Holdings Ltd. advanced to a three-month high in Hong
Dollar Falters as U.S. Stocks Hold at Seven-Week High, Oil Sinks
©2015 Bloomberg News NW4Q0Q6JTSES (Bloomberg) — The dollar traded at a three-week low even after Federal Reserve officials continued to back the case for higher interest rates this year, spurring gains in emerging- market assets. U.S. stocks held at their highest level in seven weeks in light holiday trading. The greenback
Emerging Stocks Decline With Currencies as Fed Euphoria Eases
©2015 Bloomberg News NV1S346K50YG (Bloomberg) — Emerging-market stocks fell from a one-month high and currencies weakened as the euphoria surrounding the Federal Reserve’s decision to hold off on raising U.S. interest rates was replaced by concern that global economic growth is slowing. Lukoil PJSC paced losses among Russian oil producers on
Emerging Stocks Advance as Currencies Extend Rebound Before Fed
©2015 Bloomberg News NUSGTE6KLVRJ (Bloomberg) — Emerging-market assets jumped, with the benchmark equities index rising to the highest level this month, and currencies climbed further from the record lows they slumped to last week as investors awaited the Federal Reserve’s decision on U.S. interest rates. The MSCI Emerging Markets Index added
European Markets Take 2.5% Drop in China Stocks as Positive Sign
©2015 Bloomberg News NUBN7Q6KLVR4 (Bloomberg) — European stocks rose, U.S. futures climbed and the yen weakened as investors took solace that the resumption of trading in Chinese equities failed to spark a deeper selloff. All except two of the 19 industry groups in the Stoxx Europe 600 Index advanced as
Commodities Slump Bolsters Treasuries as Emerging Markets Roiled
©2015 Bloomberg News NT8XNB6JTSEF (Bloomberg) — A renewed slump in commodities damped inflation expectations and boosted demand for Treasuries, while China’s shock devaluation of its currency continued to unsettle emerging markets. The Bloomberg Commodity Index sank to a 13-year low as declines in assets from copper to oil boosted the
Taper Tantrum Victims Make Way for New Trio of Fragile Countries
©2015 Bloomberg News NP31NB6JTSED (Bloomberg Business) — Morgan Stanley called them the Fragile Five. Brazil, India, Indonesia, South Africa and Turkey were the quintet of countries that suffered through a market rout two years ago after the Federal Reserve initially signaled it would reduce monetary stimulus — the so-called taper
Most Emerging-Market Stocks Advance as Chinese Developers Rally
©2015 Bloomberg News NNU33H6K50Y3 (Bloomberg) — Most emerging-market stocks rose as Chinese property companies rallied and Indian stocks rebounded from a three-month low. The Ibovespa jumped to the highest since October as Brazilian commodity producers rallied. Evergrande Real Estate Group climbed to a record in Hong Kong, pacing property companies