Economy

xchrom

(108,903 posts)

28. The Emerging Markets Had A Huge Day

Mon Sep 16, 2013, 07:52 AM

Sep 2013

http://www.businessinsider.com/emerging-markets-surge-after-summers-withdraws-2013-9

Markets are rallying around the world, and some emerging markets are looking particularly strong.
Thailand's SET surged 2.5%.

Indonesia's Jakarta Composite jumped 2.6%.

Market pundits are pointing to the U.S. dollar, which is sliding in the wake of news that former Treasury Secretary Larry Summers pulled his name from the running to become the next Chairman of the Federal Reserve.

Read more: http://www.businessinsider.com/emerging-markets-surge-after-summers-withdraws-2013-9#ixzz2f3WKI2zR

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

84 replies

= new reply since forum marked as read

Highlight:

STOCK MARKET WATCH -- Monday, 16 September 2013 [View all] Tansy_Gold Sep 2013 OP

Summers withdraws from consideration for Fed post Demeter Sep 2013 #1

A Syria-Weakened Obama Forced To Withdraw Summers MJ Rosenberg Demeter Sep 2013 #2

FROM THE WSJ ARTICLE Demeter Sep 2013 #3

Obama�s statement on Larry Summers: full text Demeter Sep 2013 #4

Death of 1,000 cuts for Summers: Ex-Treasury secretary had hand in too many bad decisions Demeter Sep 2013 #5

Larry Summers and the Economists� �Greed Exception� Demeter Sep 2013 #8

This National Journal Cover On Larry Summers Is Not Subtle Demeter Sep 2013 #19

But the public lobbying on her behalf appears to have annoyed the president, say administration.... Hotler Sep 2013 #61

He said, "Make Me!" Be careful what you ask for, Drone Boy Demeter Sep 2013 #71

Your final line. Tansy_Gold Sep 2013 #81

Musical Interlude hamerfan Sep 2013 #23

"...and she could be jivin', too...."! Demeter Sep 2013 #31

Asian and Australian stock markets are loving it. roamer65 Sep 2013 #6

MARK FIORE IS A SCREAM! Demeter Sep 2013 #7

+++ DemReadingDU Sep 2013 #57

Argentina's Congress gives go-ahead to open-ended debt swap Demeter Sep 2013 #9

Madoff Investors Not Entitled To Interest, Judge Rules Demeter Sep 2013 #10

U.S. central bankers criticize SEC's money-market proposals Demeter Sep 2013 #11

SEC denies rejecting settlement over money fund that 'broke the buck' Demeter Sep 2013 #14

James Galbraith, Neil Barofsky, and John Coffee Discuss Lessons from Lehman Meltdown Demeter Sep 2013 #22

House Republicans question SEC oversight of private equity funds Demeter Sep 2013 #47

EU watchdog should not have power to ban short-selling Demeter Sep 2013 #12

Work on financial transaction tax to go on, EU executive says Demeter Sep 2013 #48

Regulator Delays Start of EMIR Derivatives Reporting to February Demeter Sep 2013 #53

Blackstone hopes Hilton would be worth $30 bln Demeter Sep 2013 #13

Immigrants lacking papers work legally � as their own bosses Demeter Sep 2013 #15

Factory Rebirth Fizzles in U.S. as Work Shipped Overseas Demeter Sep 2013 #16

John Sculley Just Gave His Most Detailed Account Ever Of How Steve Jobs Got Fired From Apple Demeter Sep 2013 #17

Apple�s Fingerprint ID May Mean You Can�t �Take the Fifth� Marcia Hofmann Demeter Sep 2013 #20

Mississippi sitting on $872 million of Katrina funds Demeter Sep 2013 #18

This is what happens when I finally get some sleep! Demeter Sep 2013 #21

I have been away. I come back to the news about Summers! bread_and_roses Sep 2013 #24

it's the kick the can down the road theory DemReadingDU Sep 2013 #25

We can only hope..... n/t Tansy_Gold Sep 2013 #63

US Dollar Instantly Weakens On News Of Larry Summers Withdrawing From Fed Chair Consideration xchrom Sep 2013 #26

I'm thinking it was the Putin punt that saved the day. westerebus Sep 2013 #65

Exactly.....er, what? Demeter Sep 2013 #72

The Seven Signs Of An Emerging Market Crisis xchrom Sep 2013 #27

You mean, like today? Demeter Sep 2013 #32

... xchrom Sep 2013 #34

You left out Tansy_Gold Sep 2013 #64

I thought sadism would cover it Demeter Sep 2013 #73

Close enough Tansy_Gold Sep 2013 #78

Summers should have had the job DemReadingDU Sep 2013 #80

The Emerging Markets Had A Huge Day xchrom Sep 2013 #28

Proving my point. Thank you! Demeter Sep 2013 #33

Indian Inflation Unexpectedly Accelerates As Food Prices Explode xchrom Sep 2013 #29

Markets Are Surging Worldwide, Risk Appetite Comes Back With A Vengeance xchrom Sep 2013 #30

DEBT INSPECTORS REVIEW PORTUGAL'S REFORMS PROGRESS xchrom Sep 2013 #35

EMPLOYMENT GAP BETWEEN RICH, POOR WIDEST ON RECORD xchrom Sep 2013 #36

{pssst-it's that time of year}TURKEY TALK LINE TO HAVE 1ST MALE SPOKESMAN xchrom Sep 2013 #37

or...... Tansy_Gold Sep 2013 #76

! xchrom Sep 2013 #79

morning all..love the toon florida08 Sep 2013 #38

It's hard to find a safe spot Demeter Sep 2013 #52

yes it is florida08 Sep 2013 #66

Apples and oranges. westerebus Sep 2013 #60

Bernanke had no choice to bailout florida08 Sep 2013 #67

The dollar was not going to collapse. westerebus Sep 2013 #82

GATES STAYS ATOP FORBES LIST OF AMERICA'S RICHEST xchrom Sep 2013 #39

DUTCH DEFICIT SET TO WORSEN IN 2014 xchrom Sep 2013 #40

Our hero returns Demeter Sep 2013 #41

! xchrom Sep 2013 #43

Yes!....... Hotler Sep 2013 #62

FED LIKELY TO SLOW BOND BUYS DESPITE TEPID ECONOMY xchrom Sep 2013 #42

CoCo Market Growth Seen Curbed by Conflicting Regulatory Demands Demeter Sep 2013 #44

Barclays reports �500m income fall xchrom Sep 2013 #45

Portugal's economic progress under review xchrom Sep 2013 #46

Belgium investigates suspected cyber spying by foreign state xchrom Sep 2013 #49

CBOE briefly halts trading on two exchanges Demeter Sep 2013 #50

Analysis: China eyes private funds to tackle bad-debt buildup, avoid bailout xchrom Sep 2013 #51

Lehman creditors still being repaid: Administrator Demeter Sep 2013 #54

Amid slow economic recovery, more Americans identify as 'lower class' Demeter Sep 2013 #55

BIS Debunks Claims of Global Collateral Shortage Demeter Sep 2013 #56

PonziWorld: Three Bubbles DemReadingDU Sep 2013 #58

U.S. industrial output up as manufacturing rebounds xchrom Sep 2013 #59

BOUGHT GAS AT $3.32 THIS MORNING! Demeter Sep 2013 #68

Why gunmen have turned off Libya's oil taps By Rana Jawad / BBC News Demeter Sep 2013 #69

China took away the Turkmenistan � Afghanistan � Pakistan � India pipeline from USA Demeter Sep 2013 #70

Looks Like Obama is going to blow off the whole budget process Demeter Sep 2013 #74

and I'm going off to earn my daily pittance. Demeter Sep 2013 #75

THE LAST WORD: Obnoxious Larry Summers Blames Obama For His Rejection By Democrats Demeter Sep 2013 #77

.......... Hotler Sep 2013 #83

More like HazMat Decontamination Demeter Sep 2013 #84