Emerging Markets Tumble: Trade Wars & Rate Cuts
Update: 2025-10-13
Description
Emerging markets rattled! Asian currencies plummet to five-month lows amid escalating US-China trade war fears, triggered by Trump's tariff threats. Tech stocks tank, but South Africa and Ghana buck the trend with positive economic news. Will Asia's currency crisis deepen as rate cuts loom and the Fed stays hawkish?
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