Reported 1 day ago
Emerging-market equities and currencies ended a three-day decline on Monday as indications emerged that President Trump's upcoming tariffs would be more targeted than previously feared, boosting investor confidence. The MSCI emerging-market equity index rose by 0.5%, primarily driven by gains in technology stocks in Hong Kong, while developing-world currencies saw mixed performance, led by a stronger Mexican peso. Analysts noted that the easing of tariff pressures contributed to a positive market outlook, with upcoming economic data and central bank decisions being closely watched.
Source: YAHOO