Some of This Year's Most Hated Assets Are Finally Staging a Rally
A "sell the news" moment for a Fed rate hike?
Emerging market currencies like the Malaysian ringgit are catching a bid.
Photographer: Brent Lewin/BloombergThis article is for subscribers only.
It's been a brutal year for just about everything in the world of emerging markets and commodities. Copper, oil, nickel, the Turkish lira, the Malaysian ringgit, and so on have all been getting slammed ahead of a potential rate hike in the U.S. and the slowdown in China.
Lately, some of these markets have been catching a bid.