2019 will be a hopeful year for emerging markets
Trade breakthrough by US, Canada and Mexico gives hope that tariff war between US and China will ease
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
New York
EMERGING-MARKET assets are poised to rally next year as protectionism between the US and China eases, according to some of the world's largest money managers.
The trade breakthrough reached on Sunday by the US, Canada and Mexico is helping generate optimism over a truce between the world's two largest economies next year as tariffs take their toll on both countries. That could spell relief for assets from Argentina to Turkey and Brazil which have been battered by the escalating feud between Donald Trump and Xi Jinping.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
