Traders suddenly dare to believe in an emerging markets rally

INSUBCONTINENT EXCLUSIVE:
event that would have had traders on tenterhooks six months ago, is being anticipated with a virtual shrug. Far from encapsulating
recovery seeping through emerging markets. True, next development in trade talks or a flurry of negative economic indicators from China
narrowing, while stocks and currencies have been celebrating their biggest weekly rally since early November
And a Bloomberg foreign-exchange index that measures carry-trade returns from eight emerging markets, funded by short positions in dollar,
International, who is overweight developing-nation credit, currencies and local bonds
The South African Reserve Bank and Bank Indonesia will likely do same following day.