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.
Consumption, banking stocks offer best value amid market weakness: Sameer Dalal
Despite a broad market dip, investor Sameer Dalal sees significant opportunities in individual stocks trading at 52-week lows. He highlights Titagarh Rail Systems for its