Emerging Market assets rally on oil recovery

Emerging market assets rallied as the oil price recovered after OPEC members meeting in Doha earlier in the week failed to set a production freeze.

MSCI's Emerging Equity Index rose 0.6 per cent as oil prices rose 0.8 per cent after seeing a 7 per cent drop on Monday.

Assets also rallied on recently released data showing credit growth in China.


Read more at Reuters.