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Home » EMERGING MARKETS-Assets gain ahead of U.S. CPI data; Turkish lira breaches 30 per dollar mark

EMERGING MARKETS-Assets gain ahead of U.S. CPI data; Turkish lira breaches 30 per dollar mark

    Emerging markets assets crept higher on Thursday ahead of U.S. inflation data that investors are watching closely for cues to interest rate cut path in the world's largest economy, while the Turkish lira breached the 30-to-the-dollar mark, touching fresh lows. The MSCI's gauge of emerging market stocks advanced 0.6% at 0934 GMT, while a basket of currencies ticked up 0.1% against a weak U.S. dollar. Benchmark 10-year U.S. Treasury yields were also seen slightly lower.

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