18.07.2016 - Brexit brightens long-term lustre of emerging markets
Overall, the second quarter was positive for emerging markets, with those in Europe most affected by the United Kingdom’s decision to leave the European Union (EU), while emerging markets in Latin America and Asia fared better. On June 23, the UK voted to leave the EU, surprising many investors. The uncertainty of the situation and what came next affected all markets after the vote – emerging markets were not exempt, with the MSCI Emerging Markets Index experiencing a post-vote decline. Most markets, however, quickly rebounded...............................................Full Article: Source
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