1177 days ago • Posted by William Ramstein
Emerging market stocks remain low
''MSCI Inc.’s gauge of developing-nation shares had the worst week since March in the five days through Friday, falling 4.5%, as the uneven rollout of inoculation programs and gyrations brought about by retail traders in U.S. markets sapped risk appetite. Investor anxiety, as measured by expected price swings for equities, reached the highest in almost three months last week even as Federal Reserve Chairman Jerome Powell pledged to keep monetary spigots wide open. Implied volatilities across emerging-market currency pairs jumped on Friday, while local bonds fell for a third straight week.''- Source: Bloomberg
