Emerging-market stocks fell to a one-month low and currencies slid as Chinese shares in Hong Kong approached a bear market before data tomorrow that may add to signs the world’s second-biggest economy is slowing.
Russian bonds fell, pushing yields up to the most in more than two years, while stocks dropped as Russia showed no signs of abandoning its ambitions in Crimea and investors bet China’s economy is slowing.
China’s benchmark stock index fell before tomorrow’s industrial production data as a slump in energy producers overshadowed gains for financial companies. The Hang Seng China Enterprises Index approached a bear market.
Thailand’s benchmark stock index rose to a three-month high and the baht strengthened after the national police chief said the government may end Bangkok’s state of emergency amid easing political tensions.