Emerging markets held in check
Emerging market stocks paused on Tuesday as the dollar resumed its climb, shrugging off disappointing jobs data in the US. |||
London – Emerging market stocks paused on Tuesday as the dollar resumed its climb, shrugging off last week’s disappointing jobs data in the United States, though gains in Asia helped equities cling to four-month highs. The MSCI emerging stocks benchmark index was flat, while the MSCI Asia Pacific excluding Japan index traded 0.3 percent higher after a 2.5 percent rise in Shanghai shares. Emerging market assets got a boost from a tepid US jobs …read more
Source: Independent Online
