Emerging Market Stocks Advance on Reform Themes & Central Bank Expectations (Bloomberg)

BloombergBusinessweek has observed that emerging market stocks have posted their longest stretch of monthly gains since 2005 as speculation that central banks will support economic growth outweighed concern the conflict between Ukraine and Russia is worsening. In addition, Christopher Palmer, who oversees about $2.5 billion as the London-based director of global emerging markets at Henderson Global Investors Ltd, was quoted as saying:

“The geopolitical tensions right now have very little impact as they are somewhat regional in scope. EM continues to trade higher on reform themes in India, China, Mexico and Indonesia as well as the excitement surrounding the Brazilian Presidential election.”

To read the whole article, Emerging Stocks Advance Seventh Month as Ruble Drops, go to the website of BloombergBusinessweek.

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