LONDON, Feb 19 (Reuters) – Ukrainian assets tumbled on
Wednesday as a renewed wave of violence hit the capital Kiev,
adding pressure on Russia’s rouble which was at an all-time low
to the euro.
The rouble was primarily hit, however, by a foreign currency
purchase plan announced by the finance ministry.
LONDON, Feb 18 (Reuters) – Investors grew even more
pessimistic about the developing world in February, with a
majority saying the biggest threat to the stability of global
financial markets was turmoil in emerging markets, a survey
showed on Tuesday.
A monthly fund managers survey by Bank of America Merrill
Lynch showed investors’ cash balance jumped to 4.8 percent, the
highest since July 2012, as investors remained concerned about
over-stretched equity valuations.
LONDON (Reuters) – Ukraine’s sovereign bonds rose on Monday after opposition protesters ended a two-month occupation of Kiev’s city hall, while emerging market stocks hit a 3-1/2-week high after upbeat Chinese lending data.
Ukrainian opposition protesters opened a road to limited traffic, meeting an amnesty offer aimed at easing a stand-off over President Viktor Yanukovich’s rule. The authorities withdrew riot police from a flashpoint district of the capital.
LONDON, Feb 17 (Reuters) – Ukraine’s hryvnia and dollar
bonds briefly rose on Monday after opposition protesters ended a
two-month occupation of Kiev’s city hall, and emerging market
stocks hit a 3-1/2-week high after upbeat Chinese lending data.
The Ukrainian currency rose 0.8 percent to 8.7 per dollar
but quickly erased its gains, while dollar sovereign
bonds rose across the curve.
LONDON (Reuters) – A stabilization in emerging markets after January’s rout may turn out be the calm before the storm if political flare-ups and Fed policies provide the spark for the next round of selling.
Currencies in Turkey, South Africa, Hungary and Russia, which suffered violent sell-offs over the past month, have recovered slightly, partly because central banks have fought back via interest rates hikes or exchange rate interventions.
LONDON (Reuters) – The Russian rouble stepped back from all-time lows on Friday after the central bank left interest rates on hold and hinted at tighter future policy, while evidence of economic recovery boosted Central European currencies.
The benchmark emerging equity index was on track for its biggest weekly gain since early October, helped by a rebound in Chinese shares.
RIO DE JANEIRO/LONDON, Feb 13 (Reuters) – Concerns over
economic growth, corporate earnings and inflation drove Latin
American stocks lower on Thursday, although most emerging market
currencies gained against the dollar following disappointing
U.S. retail data.
Yields on 10-year and 30-year U.S. bonds
retreated from recent peaks, relieving pressure on
South Africa’s rand, the Turkish lira and the
Hungarian forint, some of the worst-hit currencies in the
sell-off that began last month. Nigeria’s currency also
rebounded after a central bank intervention.
RIO DE JANEIRO/LONDON, Feb 13 (Reuters) – Growing fears of a
default pushed Ukraine’s debt-insurance costs to four-year highs
on Thursday, while concern over economic growth and inflation
drove Latin American assets lower.
Higher U.S. Treasury yields also weighed on emerging
markets, bringing losses in South Africa’s rand, the
Turkish lira, Russian rouble and Hungarian forint
, some of the worst-hit currencies in the sell-off that
began last month. Nigeria’s currency rebounded,
however, following a central bank intervention.