Emerging-Market Dip Buyers Can’t Wait for U.S. Election Results
- ‘The prospect of a contested election is real,’ MUFG Bank says
- Malaysia, Czech Republic and Poland will decide on rates
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The risks across emerging markets would be enough to occupy the minds of traders even in a normal week -- from debt sustainability and increased fiscal pressures to rising Covid-19 infection rates and geopolitical tensions.
But none of these will come close to capturing their attention as much as the result and aftermath of Tuesday’s U.S. election and what it means for global risk appetite.