Emerging Markets Trust China’s Virus Steps to Keep Rally Going

(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Emerging markets may take their cue this week from a recovery in commodity prices and signs China’s efforts to stem the spread of the coronavirus are working.Gauges of stocks, bonds and currencies in developing economies all rose in the five days through Friday as raw materials had their best week this year. Chinese officials urged the nation to meet its economic targets for 2020 as Hubei province, the epicenter of the outbreak, reported a slowing rate of new infections.Despite a rally in …read more

Source:: Yahoo Finance

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