The benchmark index for emerging market stocks ended its four-day winning streak, and the currency index also retreated from historical highs. A global bond sell-off combined with rising oil prices has pressured market risk sentiment. The MSCI Emerging Markets Index fell by 0.7%, mainly dragged down by declines in the stock prices of Samsung Electronics and TSMC. The emerging markets currency index declined by 0.1%, with the US dollar strengthening for the first time in four days. Chris Turner,
The benchmark index for emerging market stocks ended its four-day winning streak, and the currency index also retreated from historical highs. A global bond sell-off combined with rising oil prices has pressured market risk sentiment. The MSCI Emerging Markets Index fell by 0.7%, mainly dragged down by declines in the stock prices of Samsung Electronics and TSMC. The emerging markets currency index declined by 0.1%, with the US dollar strengthening for the first time in four days. Chris Turner,
智通财经2026/08/18 11:16Show original
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The benchmark index for emerging market stocks ended its four-day winning streak, and the currency index also retreated from historic highs. A global bond selloff, coupled with rising oil prices, has put pressure on market risk sentiment. The MSCI Emerging Markets Index fell by 0.7%, mainly dragged down by declines in shares of Samsung Electronics and TSMC. The emerging market currency index dropped 0.1%, with the US dollar strengthening for the first time in four days. Chris Turner, Global Head of Markets at ING, stated that a massive selloff in the US long-term bond market is usually bad news for emerging market currencies and overall risk.
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