Emerging-market currencies reached a fresh record level as a weak USD boosted the appeal of the FX carry trade. This was partially offset by a fresh jump in oil prices. Developing-nation equities rebounded, led by South Korea’s technology stocks.
Emerging-market currencies reached a fresh record level as a weak USD boosted the appeal of the FX carry trade. This was partially offset by a fresh jump in oil prices. Developing-nation equities rebounded, led by South Korea’s technology stocks.
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