Emerging Market assets have best week of 2016

Emerging market currencies and stocks rebounded to post their biggest gains in one week so far in 2016. The surge came alongside a global positive growth outlook.

The MSCI Emerging Markets Index gained 1.4 per cent to 790.97, making this week's improvement 6.9 percent overall.

US hiring increased, which put global economic growth at ease, along with a stronger real as support grows for the impeachment of Brazil's president.

Read more at Gulf News.