The origin of the emerging markets is on its way to going on the largest landing in 3 weeks

The equity and currencies of emerging markets tend to enter its biggest drop in almost three weeks, as the flurry of selling shares of major US technology companies has led to a decline in high risk demand. The MSCI index fell 0.3%, while the indication of developing countries fell 1.3%. The South Korean dollar and the South Korean colors were at the forefront of the currencies that fell, while the arrow of “Taiwan Simikikond Manovakchoring” (TSMC) recorded the largest decline in equities. “The market moral got a blow to the decline in technology stocks last night, representing a clear contradiction with the positive tone in Europe,” said Andres Firemman, director of investment portfolio at Pinebridge Investments. Thought for the current interest rate track, the focus is on the interest rate path that the Federal Reserve will be followed, as the minutes of the Federal Open Markets Committee meeting will be issued in July later today. Investors are also awaiting the speech of Federal Reserve President Jerome Powell on Friday in ‘Jackson Hall’ in search of references to a possible cash facilitation, while traders bet in September to lower interest rates. Also read: Emerging market currencies are declining amid references to the progress of Ukraine talks. Firefighter expects the federal reserve to lower interest rates in September and then lower it every three months over the next twelve months. He added: “This is in line with our basic expectation of smooth decline, which we see that it has a positive effect on credit, including emerging markets, despite the reasonable boundaries exceeded.” In the fixed revenue markets, Indonesia bonds increased by all their deadlines on Wednesday before the central banking expected to keep interest rates unchanged. Chinese government bonds refused to record their lowest returns compared to stocks more than three years ago, according to Bloomberg estimates based on the return of sovereign effects for a ten -year period, and profit income on the ‘Shanghai Al Sqpta’ index.