Currencies, Stocks Post Late Surge on U.S. Job Report: EM Review

Bookmark

(Bloomberg) -- Emerging-market currencies and stocks reversed early losses to end the week higher as they drew support from a weaker dollar and lower U.S. Treasury yields. Both asset classes posted their biggest gains on Friday as a weak U.S. jobs report revived risk appetite under the premise that Federal Reserve officials will keep easy monetary policy for longer.

Highlights:

Asset moves as of 4:20 p.m. in

New York

Weekly
MSCI EM stocks index+0.24%
MSCI EM FX index+0.86%

Bloomberg Barclays global EM local-currency bond index

(Up to Thursday)
+0.2%

Asia:

EMEA:

LatAm:

©2021 Bloomberg L.P.

Bloomberg
Missing BloombergQuint's WhatsApp service? Join our Telegram channel or activate Website Notifications.
Follow The Latest News On The Global Economy On BloombergQuint