#Latest news with #EMCurrenciesBloomberg04-06-2025BusinessBloombergEmerging Stocks Gain on Global Optimism as Korea Leads RallyEmerging-market stocks gained for a second straight session, buoyed by strong US labor data that lifted global equities to a record high. The MSCI Emerging Markets Index climbed as much as 1.2%, led by a surge in Asian tech stocks. The Korean won outperformed peers while the country's equity market entered bull territory — adding further momentum to the broader emerging-market rally. An index for EM currencies inched higher, as the dollar slipped.
Bloomberg04-06-2025BusinessBloombergEmerging Stocks Gain on Global Optimism as Korea Leads RallyEmerging-market stocks gained for a second straight session, buoyed by strong US labor data that lifted global equities to a record high. The MSCI Emerging Markets Index climbed as much as 1.2%, led by a surge in Asian tech stocks. The Korean won outperformed peers while the country's equity market entered bull territory — adding further momentum to the broader emerging-market rally. An index for EM currencies inched higher, as the dollar slipped.