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FX, stocks drop on inflation anxiety ahead of U.S. data

May 12 (Reuters) – Emerging market currencies and stocks suffered on Wednesday as fears over rising price pressures fuelled bets on earlier interest rate hikes and underpinned the dollar and global yields ahead of U.S. inflation data. MSCI’s index of emerging market currencies slipped 0.2%, falling for a second consecutive session, while stocks fell 0.6% […]

The post cnbcafrica.com/2021/fx-stocks-drop-on-inflation-anxiety-ahead-of-u-s-data/">FX, stocks drop on inflation anxiety ahead of U.S. data appeared first on cnbcafrica.com">CNBC Africa.

cnbcafrica.com/2021/fx-stocks-drop-on-inflation-anxiety-ahead-of-u-s-data/">CNBC AFRICA

The post FX, stocks drop on inflation anxiety ahead of U.S. data appeared first on African Media Agency.

Source : African Media Agency (AMA)

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