Trump’s Comments on China Deal Boost Risk Appetite in Emerging Markets

Bloomberg | Jun 26, 2020 at 9:07 AM
  • Emerging-market stocks and currencies are both heading for weekly gains after U.S. President Donald Trump said the initial trade deal with China was still on track, allaying concern talks may have broken down. The advance in risk assets was tempered by concern over a potential second wave of virus infections, and after the International Monetary Fund forecast a deeper global recession.