Caution Abounds Even as Emerging Markets Ready Year-Ending Rally
- U.S. and China haven’t yet solved their main problems: ADCB
- The yuan’s implied volatility signals trade skepticism lingers
Beijing, China.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
Emerging markets are gearing up to ride a risk rally in the final full week of December, with a troika of uncertainties all but lifted from traders’ radars.
There’ll be plenty of caution around, though.