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Europe's Emerging-Market Assets Gain on Ukraine Talks Progress

Europe's Emerging-Market Assets Gain on Ukraine Talks Progress

Bloomberg3 hours ago
Assets in central and Eastern Europe led emerging-market gains on Tuesday after signs of progress toward peace talks emerged from a meeting between US President Donald Trump, Ukraine's Volodymyr Zelenskiy and European leaders in Washington.
The Hungarian forint notched the largest gains among emerging-market currencies, trading at a fresh 11-month high against the euro, while the Polish zloty was also advancing. Overall, the MSCI gauge of EM FX returns was little changed, with the equivalent for stocks in developing economies also trading flat.
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