Emerging Market Rally Fades as Central Bank Angst Outweighs OilBy and
Bets for higher U.S. rates, ECB taper plans weigh on markets
Brent crude rises to the highest price since early June
The advance that has pushed emerging-market stock valuations to the highest levels in more than a year lost momentum as signs that central banks may pull back stimulus that has propped up demand for riskier assets outweighed rising oil prices.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Fewest Jobless Claims Since 1973 Show Firm U.S. Job Market
- U.S. Stocks Climb With Treasuries as Dollar Slides: Markets Wrap
- Greenwich Mansion Listings Pulled to Wait for a Better Day
- The U.K.'s $86 Billion Pension Problem Is About to Solve Itself
- Smartphones Are Killing Americans, But Nobody’s Counting