Correspondent, London
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Feb 4, 2014
Feb 4, 2014
Feb 4, 2014
Feb 4, 2014
Feb 4, 2014
Feb 4, 2014

Emerging stocks at five-month low, rouble slips

LONDON (Reuters) – Emerging market stocks fell to five-month lows on Tuesday following a sharp fall in U.S. and Japanese equity markets, while the Russian rouble hit its lowest level in nearly five years against the dollar.

The S&P 500 index suffered its worst drop since June and Tokyo stocks fell more than 4 percent after disappointing manufacturing data cast doubt on the strength of the U.S. economy.

Feb 3, 2014

Hungary, Russia in firing line for next interest rate hikes

LONDON, Feb 3 (Reuters) – After abrupt interest rate rises
in India, Turkey and South Africa, investors are now betting
that Hungary and Russia will be the next emerging economies
forced to defend their currencies, even though their finances
look very different.

The three countries that acted last week – including Turkey
which raised its rate by a dramatic 425 basis points – all rely
heavily on foreign capital to power their economies.

Feb 3, 2014
Jan 31, 2014
Jan 31, 2014
    • About Natsuko

      "Since joining Reuters as a graduate trainee in 2000, Natsuko has reported on issues surrounding global financial markets, monetary policy and central banking from Tokyo, Singapore, London, Paris, Madrid, Davos, Dubai, Moscow and Istanbul. She won the Reuters best scoop of the year in 2007 for a story on China's foreign exchange reserves policy and was also given State Street\'s best journalist of the year award in the same year. Currently based in London, she covers global investment issues and sovereign wealth funds on the Investment Strategy Desk."
      Joined Reuters:
      2000
      Languages:
      English, Japanese, French
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