Emerging stocks edged down but held above 6-1/2-month lows on the prospect of delayed US rate hikes. |||
London – Emerging stocks edged down on Tuesday but held above 6-1/2-month lows on the prospect of delayed US rate hikes, while shares and currencies in oil exporters fell as oil prices sank to their lowest in nearly four years. With the dollar recovering after its biggest drop in a year on Monday, currencies were more mixed though the rouble fell another 1 percent against the dollar as oil prices inched below $88 (R976) a barrel, the lowest …read more
Source: Independent Online
