Emerging markets, equities reel as dollar strengthens; EM stocks fall 1.6%

The sell-off in emerging markets gathered pace on Wednesday and global stocks fell for the fourth day in a row as a looming deadline in the US-China trade conflict kept the dollar holding firm near two-week highs. Wall Street was set to open weaker.

A public comment period on the possibility of fresh US tariffs on another $200 billion of Chinese goods ends on Thursday, with expectations that the additional levies will be imposed by US President Donald Trump. The United States and Canada will also resume discussions on.

This article is no longer available in our repository.

There could be multiple reasons for this.