Emerging Markets Mixed as Traders Eye Speeches and Data That Could Shape US Rate Outlook
• Developing-world currencies mixed as traders await speeches and data that may influence US interest rate outlook • Losses in Hong Kong tech stocks drove emerging market equities lower • Investors awaiting Fed Chair Powell's testimony for signals on rate cut timeline • China set modest 5% annual growth target, indicating more stimulus may be needed • Israel selling first international bonds since October war with Hamas, Croatia also issuing debt