Tag: EMERGING
EMERGING MARKETS-FX hits 9-month high; Argentina in focus after Milei win
*Zambia bond prices drop after debt restructuring fallout*China keeps lending benchmark rates unchanged*Milei's Argentina win expected to pressure pes [...]
Tether credits USDT growth surge to ETF excitement, emerging markets
Tether (USDT), the largest stablecoin by market value, has been breaking new records over the course of 2023, with its market capitalization adding at [...]
EMERGING MARKETS-Stocks steady after China stimulus, FX inch down amid geopolitical jitters
*S&P Global revises Israel's outlook to 'negative'*China's issues $137 bln new bonds to help economic recovery*EM equities up 0.1%, FX off 0.2%By [...]
EMERGING MARKETS-Latam stocks, forex gain against dollar as investors eye Fed clarity
* Brazil economists see 2023 inflation within target range * Venezuela reach deal to ease sanctions, open elections - report * Casino, GPA agrees init [...]
Emerging Markets Foreign Exchange: Latest News in Asia
Emerging Asian central banks are turning to innovative ways to protect their currencies as fears over higher-for-longer US interest rates and rising g [...]
EMERGING MARKETS-Latin American stocks fall on Middle East conflict; FX up on commodity gains
* Petrobras CEO: Conflict to lead to higher oil volatility * Mexico's CPI eases but still above central bank's target * Latin American stocks down 0.2 [...]
Stellar, PwC publish ‘framework’ to judge emerging market blockchain projects
The Stellar Development Foundation, developers of the Stellar network, released a financial inclusion framework for judging the efficacy of emerging m [...]
EMERGING MARKETS-Latam FX slip on Fed rate concerns, Brazil’s real hits four-month low
* Brazil's industrial output rises less than expected * Argentina's bonds, peso hit ahead of elections * Colombia August exports fall * Latam FX down [...]
Citigroup CEO sees cracks emerging among consumers
Lower-end consumers have shifted buying patterns to save money as their bank accounts dwindle in size, according to Citigroup CEO Jane Fraser.The thir [...]
Crypto Lender BlockFi Says It’s Taken Major Step Toward Emerging From Bankruptcy
The beleaguered crypto lender was among a rash of digital asset companies that froze their customers’ accounts and eventually collapsed after FTX blew [...]
EMERGING MARKETS-Latam FX and stocks fall as dollar, U.S. yields weigh on risk assets
* Brazil inflation in line with forecasts in mid-Sept * Argentina's economic activity declines for fourth straight month. * Latam FX down 0.5% * MSCI [...]
EMERGING MARKETS-Stocks, FX rebound as dollar weakens, China delivers fresh stimulus
*China stocks gain, yuan bounces off 16-year low*Turkish July current account deficit at $5.466 bln*Polish c.banker sees pause in rate cuts in October [...]
EMERGING MARKETS-Chile’s peso hits 8-month low, lags Latam FX ahead of rate decision
* Chilean cbank set to cut rate by 75 bps * China's August services activity slows - Caixin PMI * Brazil industrial output falls more than expected in [...]
EMERGING MARKETS-Brazil’s real leads Latam FX lower; China measure boosts stocks
* China halves stamp duty on stock trades * Brazil bank lending delinquency rises again in July * Brazil seeks balanced taxation on closed-end funds, [...]
EMERGING MARKETS-Most Latam FX inch up as dollar loses steam; poised for weekly gains
* Brazil's inflation rises more than expected after rate cut * IMF highlights Chile's strong fundamentals as domestic risks subside * Brazil's Lula to [...]