Chinese shares boost EM stocks to over 2-yr highs, FX muted

From Marketscreener: 2024-05-20 05:21:00

Iranian President Ebrahim Raisi tragically killed in a helicopter crash. China keeps benchmark lending rates unchanged. Emerging market stocks up 0.2% with currencies flat. China’s property sector measures boost stock market outlook. Hungarian forint gains 0.2% ahead of central bank decision. South Africa prepares for national elections. Uganda shilling weakens after credit downgrade. Ivory Coast outlook revised to ‘positive’, Georgia’s credit profile at risk. Vietnam parliament elects new speaker amid leadership reshuffle. South Africa’s court rules ex-president Zuma ineligible for parliament.



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