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Tug of war between stimulus, virus leaves EM investors torn


MONEYWEB
app instead?
With as many reasons to be gloomy as cheerful.
By Netty Ismail, Lilian Karunungan and Sydney Maki, Bloomberg
4 May 2021 
08:39 
Image: Michael Nagle/Bloomberg
Emerging-market investors head into the first week of May with as many reasons to be gloomy as cheerful.
For all the support emanating from US stimulus plans, dovish central banks and rising commodity prices, worries over India’s deepening Covid-19 crisis, escalating US-Russia tensions and China’s Huarong debt saga may give buyers pause. Traders have become less bullish about the outlook for developing nations amid increasing inflation concerns, with most who sought refuge in cash not yet ready to put it to work, according to a survey by HSBC Holdings Plc. ....

Czech Republic , South Korea , Tai Hui , Shreya Sodhani , Sahap Kavcioglu , Jair Bolsonaro , Morgan Stanley , Goldman Sachs Group Inc , Central Bank , Holdings Plc , Deutsche Bank , Bank Negara Malaysia , Asset Management , President Jair Bolsonaro , Governor Sahap Kavcioglu , Brian Tan , Deyi Tan , Negara Malaysia , Southeast Asia , Goldman Sachs Group , செக் குடியரசு , தெற்கு கொரியா , தை ஹுய் , ஸ்ரேயா சோதானி , ஜெயர் போல்சனாரோ , மோர்கன் ஸ்டான்லி ,

Traders Tiptoeing Into May Dial Back Emerging-Market Bull Case


May 05 2021, 11:10 AM
May 02 2021, 6:49 PM
May 05 2021, 11:10 AM
(Bloomberg) Emerging-market investors head into the first week of May with as many reasons to be gloomy as cheerful.
(Bloomberg) Emerging-market investors head into the first week of May with as many reasons to be gloomy as cheerful.
For all the support emanating from U.S. stimulus plans, dovish central banks and rising commodity prices, worries over India’s deepening Covid-19 crisis, escalating U.S.-Russia tensions and China’s Huarong debt saga may give buyers pause. Traders have become less bullish about the outlook for developing nations amid increasing inflation concerns, with most who sought refuge in cash not yet ready to put it to work, according to a survey by HSBC Holdings Plc. ....

Czech Republic , South Korea , Tai Hui , Shreya Sodhani , Sahap Kavcioglu , Jair Bolsonaro , Morgan Stanley , Goldman Sachs Group Inc , Central Bank , Holdings Plc , Deutsche Bank , Bank Negara Malaysia , Asset Management , President Jair Bolsonaro , Governor Sahap Kavcioglu , Brian Tan , Deyi Tan , Negara Malaysia , South Africa , Southeast Asia , Goldman Sachs Group , செக் குடியரசு , தெற்கு கொரியா , தை ஹுய் , ஸ்ரேயா சோதானி , ஜெயர் போல்சனாரோ ,

Traders tiptoeing into May dial back emerging-market bull case


Getty Images
Traders have become less bullish about the outlook for developing nations amid increasing inflation concerns, and most who sought refuge in cash aren’t ready to put it to work.
Morgan Stanley said it favors emerging-market local debt over currencies as developing-nation central banks will probably refrain from tightening too much.
May was a losing month for developing-nation stocks, currencies and local bonds in at least seven of the past 10 years, according to data compiled by Bloomberg.
Emerging-market investors head into the first week of May with as many reasons to be gloomy as cheerful.
For all the support emanating from US stimulus plans, dovish central banks and rising commodity prices, worries over India’s deepening Covid-19 crisis, escalating US -Russia tensions and China’s Huarong debt saga may give buyers pause. Traders have become less bullish about the outlook for developing nations amid increasing inflation concerns, and mo ....

Czech Republic , South Korea , Tai Hui , Shreya Sodhani , Sahap Kavcioglu , Jair Bolsonaro , Morgan Stanley , Goldman Sachs Group Inc , Central Bank , Holdings Plc , Deutsche Bank , Bank Negara Malaysia , Asset Management , President Jair Bolsonaro , Governor Sahap Kavcioglu , Brian Tan , Deyi Tan , Negara Malaysia , South Africa , Southeast Asia , Goldman Sachs Group , செக் குடியரசு , தெற்கு கொரியா , தை ஹுய் , ஸ்ரேயா சோதானி , ஜெயர் போல்சனாரோ ,