10.06.2015 - Can Emerging Market ETFs Defy U.S. Rates Hike?
With solid May job numbers, the prospect of the U.S. rates hike is now getting closer to as early as September instead of a later period as many had expected. This has raised worries over the emerging markets, which was the worst hit by the taper tantrum of 2013 that resulted in a huge capital flight. The end of a cheap and an abundant dollar era would pull out capital from these markets, creating trouble for most emerging nations. The impact of this is already being felt as the emerging market stocks fell for the twelfth day in a row on Tuesday, representing the longest slump since 1990. Indonesia, the Philippines, Thailand, Taiwan and Turkey are being hammered badly..............................................Full Article: Source
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