Rate Hikes and Trade Optimism Bring Emerging Markets Risk-Takers Back

Nov 16 2018, 9:35 PMNov 16 2018, 10:20 PMNovember 16 2018, 9:35 PMNovember 16 2018, 10:20 PM

(Bloomberg) -- Emerging markets rebounded as central banks including those of Indonesia and Mexico signaled commitment to support their currencies. Signs of progress in resolving U.S.-China trade frictions bolstered riskier assets later in the week.

Assets	Weekly
MSCI EM stocks index	+1 percent
MSCI EM FX index	+0.4 percent
Bloomberg Barclays Global EM Local Currency bond index	+0.4 percent

Highlights for the week ended Nov. 16:

Asia:

EMEA:

Latin America:

Upcoming data & events:

Sunday, Nov. 18	Egypt	Sept. trade balance
Monday, Nov. 19	Thailand, Chile	3Q GDP
Poland	Oct. average gross wages, employment
Tuesday, Nov. 20	Hungary, Nigeria	Monetary-policy decision
Taiwan	Oct. export orders, 3Q current-account balance
South Africa	Sept. leading indicator
Poland	Oct. sold industrial output, PPI
Russia	Oct. retail sales, unemployment
Wednesday, Nov. 21	Thailand	Oct. customs trade data
South Africa, Morocco, Nigeria	Oct. consumer price index
Thursday, Nov. 22	South Africa	Monetary-policy decision
South Korea	3Q short-term external debt
Taiwan	Oct. unemployment rate
Poland	Oct. retail sales, central-bank minutes
Turkey	Nov. consumer confidence
Friday, Nov. 23	South Africa	Sovereign rating update by S&P
Hungary	Sovereign rating update by Moody’s
Brazil	Nov. inflation IPCA-15
Mexico	3Q GDP, 3Q current-account balance
Taiwan	Oct. industrial production