Bonds and stocks from developing economies are poised for their worst monthly losses since last September after Nigeria s central bank revealed it has less reserves than estimated, an outsider won primaries in Argentina and a presidential candidate was assassinated in Ecuador.
(Bloomberg) August is turning out to be chaos for emerging markets. Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Keep Piling Into a Bet Gone BadPutin Turns to Ruble and Ballot to Shore Up Shaken AuthorityCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnBonds and stocks from developing economies are poised for their worst monthly losses since last September after Nigeria’s central bank revealed it has less re