Thursday, March 13, 2014

Russian, Turkish Currencies Buck Emerging Market Trend


Emerging market shares and currencies were broadly firmer on Thursday, shrugging off weak Chinese economic data and focusing on a stronger yuan and more stability on commodity markets.  The Russian and Turkish currencies were flat, however, remaining under pressure as the former looked set to be hit by Western sanctions and the latter was weighed on by escalating domestic tensions before March 30 local elections.

http://tinyurl.com/q7m62dg

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.