Asian shares rose on Thursday as investors were encouraged by President Donald Trump’s less combative tone in his first speech to Congress, which sent Wall Street stocks sharply higher, while growing bets on a U.S. rate hike this month buoyed the dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.7 percent, led by rebounds in Australian and Hong Kong shares.
Category: RiskMetrics
3 Small Frontier Markets Could Leap Forward This Year
With President Donald Trump’s attack on China’s trade policies and his signing of an executive order to start building the Great Wall of Mexico , investors would be forgiven for thinking that emerging markets are getting out of fashion. Still, to expand on a point I made yesterday , the differences in terms of business environment between developed and developing countries are narrowing, and not in a good way: developed markets are slipping, rather than emerging markets progressing.