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BofA's Hauner Expects More Emerging-Market Gains as Dollar Drops

BofA's Hauner Expects More Emerging-Market Gains as Dollar Drops

Bloomberga day ago

Emerging-market assets look poised to deliver 'several percent' returns this year on expectations of a continued decline in the US dollar, according to Bofa Securities.
'For the year, we can easily maintain the double-digit return and that's because we see the dollar as the most important driver and see a stabilization of the US long-end,' said David Hauner, head of global emerging markets fixed-income strategy at the US brokerage.

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