Emerging-Market Stocks on Inflation, Market Sentiment

Emerging-Market Stocks on Inflation, Market Sentiment

Emerging-market stocks fell, while currencies strengthened, as speculation increased that central banks will boost interest rates to fight inflation.

The MSCI Emerging Markets Index slipped 0.3 percent to 1,182 at 11:31 a.m. in London, with three stocks declining for every two that rose. China?s Shanghai Composite Index dropped 0.3 percent before government reports tomorrow that may show economic growth slowed and inflation accelerated. Poland?s zloty strengthened 0.4 percent against the euro after a report yesterday showed inflation reached a two-year high.

Source: Emerging-Market Stocks on Inflation, Market Sentiment