Business Standard

Saturday, December 28, 2024 | 04:44 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Brazil, Indonesia expected to lead emerging-market comeback in 2019

Equities, currencies and bonds of developing economies have found a floor and will likely outperform their developed-nation counterparts in 2019

emerging market
Premium

Illustration by Binay Sinha

Bloomberg
Forget the schnapps this season and grab a caipirinha. The new year will usher a rebound in beaten-up emerging markets, with Brazil leading the charge, a Bloomberg survey shows.
 
Equities, currencies and bonds of developing economies have found a floor and will likely outperform their developed-nation counterparts in 2019, the survey of 30 investors, traders and strategists by Bloomberg showed. Brazil was the top pick for all three asset classes, with Indonesia another standout. Turkey, with its economy on course for recession, came bottom of the table on two counts.
 
Key to the anticipated 2019 turnaround is a

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in