Economics
Emerging Markets Shrug Off Crises For Best Gains in Eight Years
- Assets defied missiles, Trump and Venezuela crisis in 2017
- China’s debt crackdown, elections to be key into next year
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2017 is set to go down as the year when easy monetary policy and budding global growth came together to deliver blockbuster returns for the world’s emerging markets.
Currencies and stocks in developing economies were this week on track for their biggest annual rallies in eight years as even the riskiest markets shrugged off various crises and threats to deliver gains for investors.