Emerging Stocks Fall With Commodities, Aussie on China - Bloomberg

Emerging Stocks Fall With Commodities, Aussie on China - Bloomberg:



"Emerging-market shares slid a third day and commodities fell as the slowest Chinese money supply growth in almost 13 years tempered optimism from improving U.S. economic data. Japan’s Topix index rose for the first time in eight days and Australia’s dollar retreated.



The MSCI Emerging Markets Index slipped 0.3 percent as of 1:36 p.m. in Tokyo, as Hong Kong’s Hang Seng Index fell 1.1 percent. The Topix climbed 0.5 percent. Standard & Poor’s 500 (SPX) Index futures were little changed. The Aussie retreated 0.3 percent as the central bank forecast steady rates. Crude fell from a six-week high, leading the S&P GSCI Index of commodities lower. Palladium dropped from the highest close since August 2011 as Russia, the metal’s biggest producer, faces the prospect of further sanctions over unrest in Ukraine."



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