# As US stocks get slammed, emerging markets are heating up-commentary

> BNP Paribas's Marcelo Carvalho argues that emerging markets, especially Latin America and Brazil, are entering a favorable phase due to synchronized global growth, low inflation and accommodative monetary policy in advanced economies. He notes that US political turmoil and high equity valuations make investors look elsewhere, while advanced-economy growth is boosting global trade.

- Date: 2017-08-18 · published 2017-08-18T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/69659-as-us-stocks-get-slammed-emerging-markets-are-heating-up-commentary
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Stronger global growth and trade support demand for commodities and feed ingredients, but this is a general investment commentary without a specific supply or price event. Any feed price effect is indirect.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2023-12-08 | [EMERGING MARKETS-Colombian peso up after inflation data; Latam FX, stocks slip on the week](https://feedsoft.ai/events/32984-emerging-markets-colombian-peso-up-after-inflation-data-latam-fx-stocks-slip-on.md) | -0.1% | -0.6% |
| USDBRL | 2018-06-07 | [Skittishness hits emerging markets, and the Fed's getting the blame](https://feedsoft.ai/events/5379-skittishness-hits-emerging-markets-and-the-fed-s-getting-the-blame.md) | -2.8% | +2.8% |
| USDBRL | 2017-08-06 | [Emerging Markets: What Has Changed- August 6, 2017 \| Investing.com](https://feedsoft.ai/events/69733-emerging-markets-what-has-changed-august-6-2017-investing-com.md) | +1.5% | +0.4% |
| USDBRL | 2020-03-19 | [Emerging Markets Are in the Fastest Collapse in a Generation - Bloomberg](https://feedsoft.ai/events/11018-emerging-markets-are-in-the-fastest-collapse-in-a-generation-bloomberg.md) | -1.1% | +2.8% |
| USDBRL | 2022-09-27 | [EMERGING MARKETS-Buoyant dollar weighs on Latam FX; stocks slide - Monex USA](https://feedsoft.ai/events/39791-emerging-markets-buoyant-dollar-weighs-on-latam-fx-stocks-slide-monex-usa.md) | -3.9% | -1.9% |

## Sources

- cnbc.com: https://www.cnbc.com/2017/08/18/as-us-stocks-get-slammed-emerging-markets-are-heating-up-commentary.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.