Costa: South Africa Trade Index Down 25% Since Conflict
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Emerging markets have seen sharp swings as investors react to the uncertainty brought on by the Iran war. Stocks remain volatile after a tough month, with oil prices and global growth concerns continuing to cloud the outlook. Luis Costa, Head of Emerging Markets Strategy at Citi spoke to Bloomberg’s Horizons Middle East and Africa Joumanna Bercetche on the path ahead for EM Central Banks and investors. (Source: Bloomberg)