No Reprieve for Emerging Markets as Traders Brace for China Rout

(Bloomberg) — Fresh from their worst month since August, emerging-market stocks and currencies are headed for more tumult as investors weigh the economic shocks from the coronavirus outbreak.Investors are bracing for a selloff in Chinese stocks and bonds when the mainland’s financial markets reopen on Monday for the first time since Jan. 23 after the extended Lunar New Year holidays. Even a slew of measures from the nation’s regulators to shore up the financial system — including a money-market injection that will probably total 150 billion yuan ($21.7 billion) on a net basis on Monday — won’t be enough to …read more

Source:: Yahoo Finance

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