Emerging markets are close to losing all their year-to-date gains
Investors' pessimism towards emerging markets is growing - now their index is very close to the levels of the beginning of the year, all the growth since January has been lost, writes Bloomberg. The MSCI index, which tracks emerging markets, fell 0.4% on Thursday, marking its fifth day of decline and the longest losing streak in six months. In total, it has lost about 10% since its all-time high in February.