The Emerging Countries assets are giving recovery signals after US Presidental election. With no doubt, the emerging markets were affected so much by the results of US Presidental Election. After Donald Trump elected as US President, the general expectation turned to the higher inflation with increasing public expenditure. So, this situation would have increased the possibility of interest increase by Fed, we can say it's the main reason of the negative trend of emerging markets.The index of the shares of the emerging countries rise on the second day, South Korean Won and Taiwan Dollar were the major increasing currencies in the market. The MSCI emerging markets Index rose 0.7%. The index for all industry groups also rose with technology and industrial shares. The Philippine stock market recorded the largest increase in Asian markets with an increase of more than 1.5%.
- Date: 16 November 2016 Wed 11:19
- Last Added
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