EMERGING MARKETS-EM stocks edge up, rouble pressured ahead of oil producer talks



Emerging equities edged off one-week lows on Wednesday, tracking a bounce in developed markets, but emerging currencies remained under pressure with the rouble slipping ahead of oil producer talks as hopes faded for a deal to curb output.
The benchmark emerging stocks index rose 0.13 percent after European markets opened stronger helped by a 3 percent rise in Deutsche Bank shares, climbing off a record low.
The bank has been hit by a $14 billion fine over claims that it mis-sold mortgage-backed securities and, like other euro zone lenders, has been squeezed by the European Central Bank's... read more

 
28 September 2016 in World News, Views: 36
Source: Reuters
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