Emerging Markets Face Decline Amid Thin Liquidity and US Data
By
Ekaterina Ivanova
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).
Emerging-market assets experienced a slight decline on Monday as fresh US data and thin global liquidity continued to impact several markets across Europe, Australia, and Hong Kong, which were closed for Easter Monday. Broad MSCI gauges for EM stocks and currencies both fell less than 0.1%, with the Brazilian real leading losses among developing-nation currencies, down 0.7% as markets resumed trading after a Friday holiday. The decline accelerated following data that showed unexpected expansion in US factory activity in March, further influencing EM assets.