EMERGING MARKETS-Dollar, politics hurt emerging assets; Saudi bond awaited



Oct 12 Emerging stocks slipped to nearly two-week lows on Wednesday, hit by dollar strength and global equity falls, while South African assets hovered near multi-week lows on worries the country's finance minister could be forced from office.
MSCI's emerging equity index was also pressured by continued weakness in one of its biggest constituents, South Korea, where Samsung shares hit a new one-month low, keeping Seoul stocks and the Korean won at three-week lows .
Another big index loser was Thailand where stocks fell a further 3.6 percent to seven-month lows while the baht fell another... read more

 
12 October 2016 in World News, Views: 27
Source: Reuters
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