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FTSE Tumbles on China, Inflation Worries
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UK Energy Retail Market Crisis Threatens Smaller Suppliers
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FTSE 100 Closes Lower as Global Markets Hit by Wave of Sell-Offs
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FTSE Down, Oil Stocks Drop as China Fears Hit Crude
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UBS does not expect rise in yields to derail equity rally Vale jumps as much as 2%; Co upbeat on outlook for core earnings By Susan Mathew Feb 26 (Reuters) - Latin American currencies fell on Friday spooked by rising U.S. Treasury yields, with Mexico's peso hitting its lowest in more than three months, while upbeat earnings from miner Vale lifted Brazil's main stock index. The dollar index looked set to post its best session in six weeks as yields on U.S. bonds rose, putting an index of EM currencies on course for its worst day since a COVID-induced sell-off last March. "Rising real yields are being driven by a stronger growth outlook," said a team of strategists at UBS Global Wealth Management, led by chief investment officer Mark Haefele, although they warned that investors should brace for a period of higher volatility as markets adjust to the new backdrop.