Stocks struggle on China COVID worries; Hungary’s forint slips
An index of emerging market stocks struggled for gains on Thursday following a recent selloff as lingering COVID-19 woes dragged Chinese shares lower, while Hungary’s forint led declines among peers after its central bank left the one-week deposit rate unchanged. MSCI’s emerging market (EM) stocks index was flat by 0854 GMT, paring gains of 0.2% […]
Stocks struggle on China COVID worries; Hungary’s forint slips
An index of emerging market stocks struggled for gains on Thursday following a recent selloff as lingering COVID-19 woes dragged Chinese shares lower, while Hungary’s forint led declines among peers after its central bank left the one-week deposit rate unchanged. MSCI’s emerging market (EM) stocks index was flat by 0854 GMT, paring gains of 0.2% […]