Emerging Markets Can't Catch a Break
NEW YORK (TheStreet) --Emerging-market assets continue to struggle as the Chinese economy weakens and tensions remain elevated in Ukraine.
Chinese exports unexpectedly fell in February by 18.1%, against forecasted growth of 6.8%, signaling the Chinese economy could be slowing
Both iPath DJ-UBS Copper TR Sub-Idx ETN (JJC) and PowerShares DB Energy (DBE) fell on the news on fear that less economic activity in the world's second-largest economy will weigh on demand for emerging-market resources and hurt growth in those countries during the coming months.
EEM data by YCharts
At the time of publication, the author had no position in any of the funds mentioned.
Follow @macroinsights This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.
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