(Bloomberg) — The emerging-market rally that has all but wiped out the losses since the start of the coronavirus pandemic looks headed for a late-August reappraisal amid a resurgence of trade tensions and delays to a U.S. stimulus.Indexes of stocks, currencies and domestic bonds rose in tandem last week, with the MSCI equity gauge clocking up its longest sequence of weekly gains since January, even as idiosyncratic risks across developing nations mounted. China’s retail sales and industrial production data missed estimates, Malaysia’s economy shrank the most since the Asian financial crisis, Brazil suffered a fresh bout of political turmoil and …read more
Source:: Yahoo Finance
