PRESS ROOM
Emerging market equities add to momentum
Monday 23rd November '20
The MSCI Emerging Markets Index is up around 9.6% month-to-date as of 20 November (in USD). Emerging markets have made gains due to the following: 1. Positive risk sentiment globally since the US elections and vaccine developments; 2. Weak US dollar; and 3. Positive news from China including economic data, the recently announced 5-year plan, and the Asia Pacific trade deal.