* Turkish stocks outpace EMEA peers in Q2. * South African rand set to snap three-day losing streak. * Russian markets to face pressure from U.S. sanctions threat. By Ambar Warrick. Emerging markets in Europe, Middle East and Africa were subdued on Wednesday as investors weighed some improvement in economic data against a sustained increase in U.S. coronavirus cases.
Russia on Wednesday reported 6,556 new cases of the novel coronavirus, taking its nationwide tally to 654,405. The country's coronavirus response centre said 216 people had died of the virus in the last 24 hours, bringing the official death toll to 9,536.
President Vladimir Putin will make a televised address to the Russian nation on Tuesday ahead of the final day of a nationwide vote on reforms that could extend his rule, the Kremlin said. Russians are taking part this week in a seven-day vote ending on July 1 to approve or reject constitutional reforms that would clear the way for Putin to remain in the Kremlin until 2036.
Russia on Tuesday reported 6,693 new cases of the novel coronavirus, taking its nationwide tally to 647,849. The country's coronavirus response centre said 154 people had died of the virus in the last 24 hours, bringing the official death toll to 9,320.
1
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
PDF’s require Adobe® Reader® and will open in a new window.
