Reported 23 days ago
As the US presidential election approaches, emerging markets are experiencing heightened anxiety among investors. Concerns over Donald Trump's potential return to power, which may lead to an increase in tariffs and instability in global trade, have prompted traders to reduce their risk exposure. Currency fluctuations, particularly the Mexican peso and the Chinese yuan, indicate volatile market sentiments, while emerging-market equities have seen significant losses. The outcome of the election could lead to a complex response in global markets, with Vice President Kamala Harris's win possibly providing a more favorable environment for these developing economies.
Source: YAHOO