Moderating U.S. Yields Offset Renewed Virus Spread: EM Review
- South Korea early data show exports surging in April
- Countries including India see surge in Covid-19 infections
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Emerging-market currencies and stocks posted a weekly gain as easing Treasury yields offset concerns over a renewed surge in virus cases. Better-than-expected economic data from the U.S. and South Korea also boosted sentiment. Bonds headed for a third weekly advance.
The following is a roundup of key emerging-market news for the week through April 23: