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1 month ago | 
bloomberg.com | Andras Gergely |Jorgelina do Rosario
Rescue workers put out fires at the site of a Russian missile attack in Kyiv, Ukraine, on Sunday, May 25, 2025. Photographer: Andrew Kravchenko/Bloomberg(Bloomberg) -- One of the most popular emerging-market trades around Donald Trump’s return to the White House is stumbling. Ukraine’s dollar bonds have handed investors losses of more than 10% so far in 2025, the worst showing among emerging and frontier markets, as the prospect of Trump making good on his promises and brokering a peace deal dim.
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1 month ago | 
bloomberg.com | Andras Gergely
Viktor Orban(Bloomberg) -- Hungarian Prime Minister Viktor Orban signaled potential further delays in kick-starting the nation’s economy into next year, citing the uncertainty around peace efforts in neighboring Ukraine. Orban had originally pledged to deliver a “flying start” for the Hungarian economy already this year, expecting US President Donald Trump to help end Europe’s worst conflict since the end of World War II.
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1 month ago | 
bloomberg.com | Andras Gergely |Marton Kasnyik
The International Criminal Court in The Hague. (Bloomberg) -- Hungarian lawmakers approved the exit from the International Criminal Court, cementing another move by Prime Minister Viktor Orban away from the European mainstream. The vote by parliament in Budapest on Tuesday marked a step in a process kicked off last month when Orban hosted Benjamin Netanyahu in Budapest.
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1 month ago | 
bloomberglinea.com | Andras Gergely |Leda Alvim |Mauricio Palos
Bloomberg — Las divisas latinoamericanas lideraron las ganancias en los mercados emergentes el martes, después de que un dato de la inflación estadounidense más suave de lo esperado avivara el optimismo de los inversores. El real brasileño y el peso mexicano repuntaron, ganando al menos un 1% cada uno frente al dólar. Un índice más amplio de divisas emergentes recortó los descensos tras los últimos datos, aunque seguía perdiendo un -0,1%.
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1 month ago | 
bloomberg.com | Leda Alvim |Andras Gergely
(Bloomberg) -- Latin American currencies rallied on Tuesday, outperforming their emerging markets peers, after a softer-than-expected US inflation print stoked investor optimism. The Brazilian real and the Mexican peso each gained more than 1% against the dollar. A broader index of emerging currencies pared declines after the latest inflation data, though it still closed down 0.1%. Meanwhile, the dollar was under renewed pressure, with the Bloomberg index falling 0.7%.
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1 month ago | 
bloomberg.com | Leda Alvim |Andras Gergely
Las monedas latinoamericanas subieron a máximos de sesión tras la publicación de datos de inflación en Estados Unidos más débiles de lo previsto, lo que indica que, por ahora, el impacto de los aranceles impuestos por Donald Trump es limitado. El peso mexicano y el real brasileño alcanzaron máximos de sesión, con alzas del 0,5% frente al dólar. Un índice más amplio de divisas de mercados emergentes recortó pérdidas tras los datos publicados, aunque seguía con una baja del 0,2%.
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1 month ago | 
financialpost.com | Leda Alvim |Andras Gergely
Advertisement 1Latin American currencies rose to session highs after US inflation data came in softer-than-expected, indicating a limited impact for now of Donald Trump’s tariffs. Article content(Bloomberg) — Latin American currencies rose to session highs after US inflation data came in softer-than-expected, indicating a limited impact for now of Donald Trump’s tariffs. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load.
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1 month ago | 
bloomberg.com | Catherine Bosley |Andras Gergely |Matthew Burgess
(Bloomberg) -- An index of emerging-market foreign-exchange returns rose to a record high as Asian currencies gained from a dumping of US dollars. The MSCI EM FX gauge, which is heavily tilted toward Asian exchange rates, rose 1.2% Monday. The EM index, which tracks total returns comprising exchange rate and interest income, extended what had already been a three-week rally.
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2 months ago | 
fa-mag.com | Catherine Bosley |Andras Gergely
The upheaval coming from the Trump administration’s tariffs is reinforcing views that the riskiest assets face more losses ahead. Most emerging-market currencies will decline, according to Societe Generale SA strategists, who warned that China’s yuan is set for a “modest” depreciation and that South Africa’s rand and Latin American currencies will likely be stuck at weak levels.
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2 months ago | 
bloomberg.com | Andras Gergely |Catherine Bosley
The Indonesian rupiah fell among EM currencies last week. (Bloomberg) -- The upheaval coming from the Trump administration’s tariffs is reinforcing views that the riskiest assets face more losses ahead. Most emerging-market currencies will decline, according to Societe Generale SA strategists, who warned that China’s yuan is set for a “modest” depreciation and that South Africa’s rand and Latin American currencies will likely be stuck at weak levels.
