A gauge of emerging market stocks stayed close to a five-week high on Tuesday, while currencies made small moves as investors awaited U.S. inflation data due this week to make bets on the Federal Reserve’s next rate move.
Most Asian bourses rose, although gains were capped by declines in Hong Kong stocks .HSI, .HSTECH. Elsewhere, Hungarian stocks .BUX dropped 1.0%, while South Africa’s main index .JTOPI surged by the same amount.
MSCI’s index of emerging market stocks .MSCIEF was flat, having hit a five-week high earlier in the session.
Fidelity Emerging Markets Limited (LON:FEML) is an investment trust that aims to achieve long-term capital growth from an actively managed portfolio made up primarily of securities and financial instruments providing exposure to emerging markets companies, both listed and unlisted.
