Emerging markets

Emerging markets grow best in three years

The BRICS Post - 2017-07-27 - Original post - Cached copy

Analysts agree that 2017 was a good year so far for emerging markets. But can growth last? [Xinhua]
A mix of a weaker-than-expected US dollar in recent weeks and positive industrial data from China has boosted emerging markets to peak levels not seen in nearly three years.
The MSCI Emerging Markets Index – which measures equity market performance in some 26 emerging countries – rose 1 per cent Thursday, beating its record last year and registering the highest level since September 2014.

BRICS economies moving away from recession

The BRICS Post - 2016-08-19 - Original post - Cached copy

The currencies of three BRICS economies have steadily strengthened against the US dollar in recent weeks.
Brazil’s real, Russia’s ruble and South Africa’s rand have benefited from a ‘pause’ in the momentum to raise interest rates, particularly in the US.
All three countries have battled recession in contrast to BRICS members China and India, which are forecast to grow 6.7 per cent and 7.6 per cent, respectively, in 2016.
The rand is up nearly 15 per cent against the dollar in 2016 after suffering a significant slump in mid-2015.

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