Emerging shares still climb thanks to the bet on artificial intelligence transactions
On Friday, the upcoming market stock indicators rose to achieve the biggest weekly profits in three weeks, after the optimism of investors on artificial intelligence led to a new record. The MSCI Emerging Market increased by 0.3% to 1372.37 points at 12:30 pm, while the sub -index of technology stocks increased by 1.3% to reach the highest level ever. The emerging market index thus increased by 3.5% during the week. The arrow of “Taiwan Simonkone Manovakchurring” is performed. While the partnership between “Hitachi” and “Openai” in the field of energy, and strengthening “Fujitsu” relations with “Inventia” to support investor bets that the billions of dollars in the artificial intelligence sector will pay its fruit. There was no change in the emerging market currency index. While the performance of the Turkish lira fell off his peers after inflation data in September expectations, the Indonesian rupee rose to its highest level in two weeks. The US job closure prohibits the issuance of the US post report, “Maybank” in Singapore, said: “The markets accommodate the possibility of closing government in the United States, and the closure of a longer negative period affects the dollar.” Also read: The dollar is under pressure, while Washington enters the first closure of the government in 7 years. One of the most important challenges is that the government’s closing impedes the issuance of economic data that supports the decisions of the US Federal Reserve, and has the ability to make a transformation in market prices. “Lombard Odier,” in an interview with “Bloomberg” television, said “the lack of data in itself is a problem, and this naturally indicates that the closing period will remain a very important element.” He explained that in the case of continued closing it will be a negative scenario for the dollar, but at the same time it tends to lower interest rates, as monetary policy will be managed without accurate data. A strong performance of emerging currencies in the fourth quarter increased by the MSCI index of emerging market currencies this year, with the support of the heavy sale of the dollar in the aftermath of customs announced by Donald Trump in April. As interest rates in the United States are more likely to lower the United States during the upcoming period, analysts believe that the situation is willing to reach emerging market currencies in the fourth quarter. Also read: How did the emerging market currencies stop with the dollar bleeding? “The path of real interest rates in the United States tends to descend, and as a result, the dollar is expected to decline,” said Gotam Kalani, director of investment portfolios in “Blue Bay” for fixed income in emerging markets, attached to “RBC Global aset Management”. He expected the currencies to be low, such as the Malaysian Yuan and the Malaysian Singht, with the best performance, as it is partly considered safe ports. As far as the bond market is concerned, the return on the Czech bonds owed in 2030 has dropped to the lowest level since August, before the election to be held during the weekend, which could bring a new government to bring a fundamental change in the stock market in the country and increase government spending.