THE SPRING BLIP has become something of a tradition in emerging markets. For the past three years, the market has come roaring out of the blocks in January, only for something to dent its confidence around March or April. Two years ago it was fears of US interest rate rises; last year it was hedge funds’ problems with Ford and General Motors. This year it was fears of rate rises again – in the US, Japan and the eurozone.
Access this research
Enter your work email address to sign in or check whether your organisation already has access to Euromoney.