Subscribe to Money Morning get daily headlines subscribe now! Money Morning Private Briefing today's private briefing Access Your Profit Alerts

Bad News for Emerging Markets in January 2014

More Bad News for Emerging Markets: Overnight, the Chinese Markit/HSBC Purchasing Managers' Index (PM) report was released, and the news isn't good. As domestic and export demand has weakened in China, the Index slumped to 49.6 in January from December's final reading of 50.5. Continued investor flight to safe-haven bonds this morning has dragged global stocks down to a two-and-a-half-month low.

Many emerging markets, which rely heavily on trade in goods and commodities with China, declined this morning.

India fell 1.25%, Japan shed 2.45%, and Thailand dropped 0.7%. The weak PMI data also lead to declines in gold prices, silver prices, and copper prices.

[EXTRA: Our Chief Investment Strategist Keith Fitz-Gerald tells investors how to play the plunging global markets today.]


Related Articles

Make (Big) Money in Any Market
With the markets only 15% higher than their 2007 highs, this bull market has only just begun – but here’s how to make big money in any market.

Best Investments in Emerging Markets: MINT Is the Next BRIC
The best investments in overseas growth have changed, from BRIC to MINT. Meet the four economies ready to reward investors.

Read more stories about Emerging Markets.

Related Chart

Investing in emerging marketsHow to Invest in Frontier Markets and Tap the World's Fastest Growth

So many times people miss out on the early, most lucrative stages of a blockbuster investing trend like tech or emerging markets simply because they don't realize how big it will turn out to be. That's why we want our readers to know about frontier markets now…
Read more…

Join the conversation. Click here to jump to comments…