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The Business Brief THURSDAY, 20 AUGUST 2026
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Emerging FX Gains as ‘Bessent Put’ Burnishes Carry Trade Appeal

1 source ·1 article ·1h ago

Emerging-market currencies hit a fresh record as a weak dollar added to the appeal of a popular trade, offsetting a fresh jump in oil prices. South Korea’s technology stocks led a rebound in developing-nation equities.

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Bloomberg 1

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Bloomberg Markets ·1h ago

Emerging FX Gains as ‘Bessent Put’ Burnishes Carry Trade Appeal

Emerging-market currencies hit a fresh record as a weak dollar added to the appeal of a popular trade, offsetting a fresh jump in oil prices. South Korea’s technology stocks led a rebound in developing-nation equities.