Obvious winners from the UK’s Brexit vote may be few and far between, but some analysts are pointing to straws in the wind as far as emerging markets go.
To be fair, the prevailing view is that the uncertainty, volatility, weaker economic growth and global flight from risk emanating from the UK’s vote in favour of leaving the EU is bad news for emerging markets.
Eastern Europe, with its strong trade, investment and remittance links with the UK, is widely seen as being most exposed, with Asia, Africa and Latin America less at risk but still negatively affected.
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