(Bloomberg) — It’s not shaping up to be a very comfortable start to October. Although we’re only two days into the month, emerging-market assets of most shades were on the back foot again, and for once it was difficult to blame the trade war. This time, analysts pointed to poor manufacturing readings and weaker data across the developing world in general as reasons for the listlessness. There were plenty of idiosyncratic stories to dull the palate too, notably in South Korea, Turkey, Poland, Peru and Brazil.Biggest LoserSouth Korea’s won was the biggest loser in the foreign-exchange market after Pyongyang tested …read more
Source:: Yahoo Finance
