Emerging

market

‘Most vulnerable’ emerging markets now face Euro recession risk

Already suffering from the war in nearby Ukraine, eastern Europe’s main currencies are about to take another blow from a looming euro-area recession. Traders are more bearish on the Hungarian forint, Polish zloty and Czech koruna than any other developing-nation currency except for Russia’s ruble and the Turkish lira, according to data collected by Bloomberg. …

‘Most vulnerable’ emerging markets now face Euro recession risk Read More »

Emerging markets hit by record streak of withdrawals by foreign investors

Emerging markets hit by record streak of withdrawals by foreign investors

Foreign investors have pulled funds out of emerging markets for five straight months in the longest streak of withdrawals on record, highlighting how recession fears and rising interest rates are shaking developing economies. Cross-border outflows by international investors in EM stocks and domestic bonds reached $10.5bn this month according to provisional data compiled by the …

Emerging markets hit by record streak of withdrawals by foreign investors Read More »