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Goldman Sachs Says Emerging Markets to Outperform on Dollar Peak

  • Developing assets tend to outperform months after USD high
  • China, Southeast Asia are regional standouts, firm says
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WATCH: Zach Pandl of Goldman Sachs says the Japanese yen is the safest currency in the current market volatility.Source: Bloomberg
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Stocks, bonds and currencies from emerging economies stand to reap the rewards of a potential peak in the US dollar, according to Goldman Sachs Group Inc. 

An almost 3% slump in a key gauge of the greenback since a high point in mid-May suggests a rebound in developing markets, which tend to outperform the rest of the world in the months following a cyclical dollar peak, according to Caesar Maasry and Jolene Zhong.