Updated
Updated · Bloomberg · Jul 14
Emerging-Market Stocks Erase 2.2% Drop as Middle East Tensions Spur Caution
Updated
Updated · Bloomberg · Jul 14

Emerging-Market Stocks Erase 2.2% Drop as Middle East Tensions Spur Caution

3 articles · Updated · Bloomberg · Jul 14

Summary

  • MSCI’s emerging-markets equity gauge clawed back from a fall of as much as 2.2% to trade little changed, while developing-nation currencies also held broadly steady.
  • Middle East tensions kept investors cautious, and attention shifted to the latest US inflation report for signals on the monetary-policy path.
  • South Korea drove much of the swing as late gains in Samsung Electronics and SK Hynix offset declines in Taiwan Semiconductor Manufacturing, MediaTek and Baidu.

Insights

Is the AI boom masking a deeper fragility in emerging markets facing new global threats?
Will the energy crisis sparked by Middle East conflict ultimately choke the power-hungry AI boom?