EMERGING MARKETS-Emerging market stocks dip on global growth fears, FX weakens [Reuters]
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Source: Reuters
EMERGING MARKETS-Emerging market stocks dip on global growth fears, FX weakens | Reuters 3 Min Read * IMF cut to global growth forecast weighs on emerging markets * Russian rouble, stocks slip amid weak oil prices * Turkish lira drops 0.4 percent * Romanian leu not far from all time low against euro By Aaron Saldanha Jan 22 (Reuters) - Emerging market stocks and currencies slid on Tuesday, as fears of slowing global growth left investors queuing up to exit developing world markets and move into safer assets which reflected their downbeat risk appetite. The International Monetary Fund trimmed its global growth forecasts on Monday as trade tensions and uncertainty loomed, a warning which came shortly after China reported its slowest growth in 28 years for 2018. Weak risk sentiment among investors on Tuesday propped the dollar to hold at a near three-week high. Gareth Leather, a senior economist with Capital Economics, said a slowdown in emerging markets would be concentrated in export-o
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