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Emerging Markets Resume Rally on Earnings and Rate-Cut Bets

Emerging Markets Resume Rally on Earnings and Rate-Cut Bets

Bloomberg5 days ago
Emerging markets resumed their rally as the prospect of central bank rate cuts and optimism about earnings boosted risk sentiment.
The benchmark EM equity index added 0.6% in its second day of advances and clawed back last Friday's losses when weak US data sparked a selloff. EM equities have posted returns every month this year with year-to-date gains approaching 16% amid inflows into the asset class.
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