Emerging market carry trades gain momentum. Currency volatility decreases amid signs of easing US tariffs. An index of carry returns reached a seven-year high in late May. Asset managers increased long positions in developing-nation currencies. The Mexican peso saw a nine-month high. JPMorgan Chase’s gauge of global currency volatility dropped.
Vedanta to have special trading session for demerger today. What to expect
Vedanta shares will trade ex-demerger today. A special session will adjust prices. Four new entities will list soon. This restructuring aims to unlock value. Investors