The worst August selloff in years for emerging-market assets eased on Tuesday as China continued to drip-feed its stimulus measures. The month-end optimism echoed in everything from a tech-stock rally in Hong Kong to firmer iron ore prices in Singapore and a stronger South African rand. Beyond the China-themed assets however, markets were muted with … Read more
India offers many unique characteristics which gives an opportunity to global investors to make dedicated allocations towards this emerging market, but it’s unlikely that it will outpace China, believes Venkatesh Sanjeevi of Franklin Templeton Asset Management. “The market cap of Chinese stocks is $13 trillion vs around $3 trillion for India. So, it is unlikely … Read more
By Netty Ismail The race to top of the emerging-market currency pack will be determined by central banks that are taking no chances with inflation. The trick is singling out those ready to turn rhetoric into action. Recent winners are the Mexican peso, Brazilian real and Hungary’s forint — currencies whose central banks raised rates … Read more