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Stock impact report

Emerging-Market Currencies Hit Two-Month Low on Flight From Risk [Financial Post (Toronto, Ontario, Canada)]

MSCI Inc (MSCI) 
Last msci inc earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.msci.com
Company Research Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — A gauge of emerging-market currencies dropped to the lowest level in more than two months as rising geopolitical tensions added to an increase in risk aversion amid a shift in the US rate outlook this week. MSCI Inc.'s FX gauge for developing economies fell 0.2% in a third day of declines as investors sought havens such as gold and the dollar. The Hungarian forint and Israeli shekel were the worst performers. Article content Article content The global repricing sparked by US price-growth data continued amid additional fears of an escalation in the conflicts in the Middle East. Separately, the intensification of Russia's attacks on Ukraine was stoking worries that Kyiv's military effort was nearing a breaking point. “Geopolitics has played a seemingly secondary role for FX for a while now, but rising tensions between Iran and Israel can spill i Show less Read more
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