Turkey’s credit rating was cut further into junk Friday by S&P Global Ratings and Moody’s Investors Service.
Turkey’s Treasury and Finance Minister Berat Albayrak told about 6,000 global investors that he won’t impose capital controls.
Turkey may have helped buoy the lira, but the rest of the developing world is reeling on the verge of a bear market.
Billionaire Downplays Emerging-Market Rout, Says Nowhere Near Trade War
The lira led losses among global peers after Turkey’s first steps to bolster the financial system were seen as insufficient.
Implied volatility on emerging-market currencies has surged and is close to its highest level in over a year.
If the past century is any guide, an escalation in tit-for-tat between U.S, China may boost emerging markets.
Hedge Fund Bets on ‘Disruption’ in Riskiest Emerging-Market Debt
Home to Quinoa and Acai Berries, Peru Has a New Superfood
It looks like the decade-long bull market in U.S. stocks has more room to run, albeit with less vigor.
Cheap prices, rising corporate profits and strong fundamentals will outweigh risks in EMs, say top fund managers.
China Slowdown Hits Stocks as Trump Sides With Putin: Inside EM
Turkey Cut Deeper Into Junk by Fitch as Erdogan Tightens Grip
Trump’s tariff pushed Chinese markets into their worst selloff since a currency devaluation three years ago.
Bulls Wait for Validation as Emerging-Market Rally Catches Snag
JPMorgan Asset Sees ‘Lot of Value’ in Emerging Markets
Emerging Markets End Bleak Quarter With Big Rally
Recommendation comes as MSCI index of developing-nation stocks is heading toward a bear market.
Emerging Markets on ‘Tenterhooks’ as Chinese Selloff Deepens
Currencies are heading toward their worst month since November 2016.
Goldman to Citi Hunker Down as Trade War Hits Emerging Markets