Key themes driving emerging market performance in late 2024

Emerging markets are facing several important dynamics in Q4 2024. Economic growth remains resilient, but it will be tested by slowdowns in both China and the US The Federal Reserve’s shift to a rate-cutting cycle could open opportunities for emerging markets to ease their own monetary policies, supporting local currency bonds. However, US political uncertainties and the upcoming presidential election could stoke market volatility, impacting currencies and global investor sentiment. Read the full article to explore the three key themes impacting emerging markets.