emerging markets: This volatility could well continue until the US Federal Reserve interest rate meeting on 17 September, according to The Independent. Slowing growth in China and other emerging markets, along with falling commodity prices, has been keeping a lid on global inflation – which could give the US central bank cause to maintain low interest rates a little longer. But just three days later these losses had been recovered, and on Thursday 27 August there was a gain of 3.7 per cent – one of the top 50 days of FTSE 100 performance since its inception in 1984. However, should rates rise, expect a strong market reaction. There is no doubt that doom and gloom sells, and we have seen some spectacularly dramatic headlines. It was interesting to witness how the media and commentators reacted to the volatility in global equities.
(news.financializer.com). As
reported in the news.
Tagged under emerging markets, topics.