Emerging Market Stocks and Currencies Rise as Fed Hike Bets Ease
MSCI’s emerging market stock index jumped as much as 1.1%, while a similar currency gauge rose 0.2%. Investors pared bets on a Federal Reserve interest-rate hike this month, sending the dollar lower, after Fed Governor Christopher Waller said he would favor keeping rates unchanged if inflation continues to ease.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
US spot Bitcoin ETFs see $527M net inflows on Oct 19, led by BlackRock's IBIT
-
2
Wall Street giants collectively "extinguish the fire" for CoreWeave, with Barclays, Goldman Sachs, and JPMorgan Chase all believing that market concerns about the AI capital expenditure cycle are overblown.
-
3
The Iran conflict has prompted global buyers to seek alternative oil supplies, driving a surge in investment and production among oil-producing nations in the Americas.
-
4
Apple's market capitalization has surpassed $5 trillion for the first time, with analysts divided on the prospects of its "light AI" strategy.
-
5
APEC Finance Ministers' Meeting highlights Hong Kong's 'super connector' role, say experts
-
6
【Financial Times】Analysis: The UK government's days are numbered, and Labour's plans to expand the state's role are at odds with an unstable fiscal backdrop.
-
7
HSBC CEO warns not all data centers are good bets amid AI boom
-
8
Denmark's financial regulator stated that the country's economic growth is expected to slow as the pharmaceutical boom led by Novo Nordisk loses momentum.
-
9
Private credit firm Tikehau is reportedly seeking strategic investors to fuel growth.
-
10
Chinese Carmakers Accelerate European Production Plans to Bypass EU Tariffs and Import Quotas on EVs
Markets Today
Recommended Reading


