Emerging-market equities and currencies fell as investors priced in higher US interest rates after hawkish comments from Federal Reserve Chair Kevin Warsh. The move signals renewed risk-off pressure through the FX and rates channels, with likely knock-on effects for EM credit and funding conditions.
Emerging-market equities and currencies fell as investors priced in higher US interest rates after hawkish comments from Federal Reserve Chair Kevin Warsh. The move signals renewed risk-off pressure through the FX and rates channels, with likely knock-on effects for EM credit and funding conditions.
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mildly negative
Sentiment Score
-0.25