South African rand
Emerging Stocks Drop With Commodities, Reducing Monthly Advance
published Aug 31st 2016, 3:56 pm, by Natasha Doff and Matthew Kalman (Bloomberg) — Emerging-market stocks fell, trimming their third consecutive monthly gain, as declining commodity prices weighed on benchmark gauges in exporting nations from Russia to South Africa and Brazil. A 0.6 percent decline that pushed the MSCI Emerging
To See Where World’s Easy Money Is Going, Look at Russia’s Ruble
published Aug 11th 2016, 6:00 pm, by Andrey Biryukov and Maria Kolesnikova (Bloomberg) — For an example of how the global clamor for yield is drowning out the risks in the world economy, look no further than Russia’s ruble. Investor demand for higher returns has eclipsed a drop in oil
Emerging-Market Assets Rally as Traders Scale Back Fed Rate Bets
published Jun 6th 2016, 3:43 pm, by Maria Levitov and Elena Popina (Bloomberg) — Emerging-market currencies and stocks rallied for a third day as the weakest U.S. jobs data since 2010 and comments by Federal Reserve Chair Janet Yellen that provided less specificity as to the potential timing of interest-rate