Kira Tritenko

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Turkish central bank makes massive rate hikes to stem lira fall | Reuters

ISTANBUL (Reuters) - Turkey’s central bank hiked all its key interest rates in dramatic fashion at an emergency midnight policy meeting, ignoring opposition from Prime Minister Tayyip Erdogan as it battles to defend the country’s crumbling lira currency.<p>The bank raised its overnight lending rate to …

A Look At Emerging Market Currencies Since The Taper

The chart below illustrates the performance of both various emerging market currencies and major currencies relative to the USD since the Fed …

Stock Markets

Эффект пылесоса

Что американцу хорошо...<p>Первый звонок для развивающихся рынков прозвенел в конце мая 2013 г., когда тогдашний председатель Федеральной резервной …

Se acabó la fiesta de los emergentes

El fin del dinero barato devalúa las divisas y frena el empuje de las economías en desarrollo<p>Se acabó la fiesta de los mercados emergentes. Las …

Fed leaves emerging markets out in the cold

What struggling emerging markets need right about now is a big sell-off — in the US. Without a substantial downdraft on Wall Street, the Federal …

Stock Markets

Rupee less prone to emerging market currency selloff: poll

<b>Bangalore</b>: The rupee is now less prone to an emerging market currency sell-off due to a narrowing current account deficit and an improved outlook for …

Economics

Emerging-Market Stocks Extend Worst Start Ever on Economy

Emerging-market stocks fell, extending the worst start to a year on record, on concern the global economic recovery will wane. Lenovo Group Ltd. …

UBS CEO Says Emerging-Markets Selloff Is Overdone

The selloff in emerging-market assets that sent the benchmark equity index to the lowest valuation since the 2008 financial crisis may have gone too …

Everything You Need to Know About the Emerging-Market Currency Collapse

Money poured into developing economies after the financial crisis, and now it's starting to pour out. How much should we worry?<p>Reuters<p>Here we go again.<p>First, money poured into emerging markets when it looked like they offered juicy returns. Then it poured out after they didn't. Currencies are …

HSBC Sees Emerging-Market Currency Rebound as Volatility Abates

Emerging-market currencies from South Africa’s rand to Turkey’s lira are set to rebound as market volatility decreases, according to David Bloom, …

Why Panic-Prone Emerging Markets Are Breaking Down In 2014

<i>This is a guest post by Wolfgang Koester, chief executive and co-founder FiREapps, a provider of currency exposure management tools.</i><p>It wasn’t too long ago that emerging markets were seen as the saviors of the global economy. In 2009, when advanced economies’ gross domestic product (GDP) fell 3.43 …

Emerging Market Currencies Still Need Readjustment

The cycle in US monetary policy is now turning decisively towards tightening, a process that could last several years. This will almost certainly …

Markets

Emerging market currency falls in graphs

Emerging markets are experiencing the worst rout in five years, with their currencies plummeting against the dollar. Here we take a look at those countries most exposed to risk.<p>Emerging markets are experiencing the worst rout in five years and almost all emerging market currencies have depreciated …

Markets

Locus of extremity

THE central bank of Turkey boasts an impressive art collection, including a canvas by Erol Akyavas entitled “Locus of Extremity”. That was pretty …

Emerging-Market Rout Seen Enduring on Low Real Rates

Inflation-adjusted interest rates are still too low in developing nations for Citigroup Inc. and Goldman Sachs Group Inc. to foresee an end to the …

Midnight run

“MONEY no longer had any value in Istanbul,” laments a character in a tale by Orhan Pamuk, the Nobel-prize-winning Turkish novelist. The story is set …

Why emerging markets are unlikely to sway the Fed

After the Reserve Bank of India’s Raghuram Rajan took the Fed and other developed country central banks to task this week for ignoring turmoil in …

Markets fall as currency turmoil continues

The fear factor continued to dominate among investors on Friday.<p>European shares fell and have recorded their first monthly loss since August.<p>A major worry is that European companies’ profits will be hit by the turmoil in emerging markets.<p>The flight from those countries resumed on Friday as the …

After rocky January, markets eye data and central banks | Reuters

LONDON (Reuters) - This week will go a long way to determining whether the uncertainty hanging over the world economy and markets fades after a rocky January or lasts further into the year.<p>An illustration picture shows Euro coins, photographed in Warngau April 3, 2013. REUTERS/Michael Dalder<p>A raft …

Investors Rebel as EM Rate Jumps Fail to Buoy Curencies

Investors beating a retreat from emerging markets tested the resolve of central banks fighting to protect their economies from sliding exchange rates.<p>…

Record Cash Leaves Emerging Market ETFs on Lira Drop

Investors are pulling money from exchange-traded funds that track emerging markets at the fastest rate on record, as China’s slowing growth and cuts …

Asian stocks tumble on Fed taper and currency fears

<b>Asian markets have tumbled after the US central bank cut stimulus spending for a second month, and fears persisted over emerging market currency losses.</b><p>The Federal Reserve said it was scaling back its monthly bond-buying programme by another $10bn to $65bn (£39bn) due to the improved US …

Emerging market jitters hammer Europe's stock markets

Financial market turbulence continues, as it appeared that aggressive interest rate hikes by Turkey and South Africa would not be enough to stop a flight of foreign cash from emerging market nations.<p>Russia’s ruble dropped to a record low against a basket of currencies – losing more than one percent …

[video] Emerging market sell-off spreads across Asia

Following on from the sharp fall in the Argentinian Peso last week, the Emerging Markets sell-off has spread to Asia. Mitul Kotecha, head of global …

The plunging currency club

<b>Many emerging-market currencies are falling against the dollar</b><p>SINCE January 22nd the Argentine peso has fallen by 14%. It may be the most dramatic …