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Emerging markets head different ways on central bank headlines

While bond yields jumped in anticipation of less central bank accommodation, emerging equity markets responded in very different ways. Most of the Asian markets were up overnight (SENSEX +0.65%, KOSPI +0.91%, SET +0.47%, TAIEX + 0.47%, Malaysia KLCI +0.9%). Brazil was down 0.5% at 8:00 am EST, and Turkey was down 0.77%. China also fell, […]