
EM Review: Trade Accord Rallied Halts Three-Week Stock Decline
(Bloomberg) — Emerging-market stocks halted a three-week slide and currencies rose as two days of talks ended with the U.S. and China agreeing on the outline of a partial trade accord. As part of the deal, China will significantly step up purchases of U.S. agricultural commodities, while the U.S. will delay a tariff increase due this week. Trump said the deal was the first phase of a broader agreement.The following is a roundup of emerging-markets news and highlights for the week ending Oct. 11.Highlights:The U.S. and China reached a partial agreement Friday that includes certain intellectual-property measures and concessions related …read more […]