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Story perspectives

Emerging Markets Surge 13.1% Amid Economic Uncertainty

10/31/2025

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Story summary
  • The MSCI Emerging Markets Index rose 13.1% in CAD for the quarter, signaling strong performance amid global economic uncertainties.
  • Canadian equities advanced 12.5%, led by the materials sector.
  • U.S. equities gained 10.3%.
  • The Bank of Canada cut its key interest rate to stimulate growth.
  • Gold prices reached record highs driven by central bank demand and safe-haven investments.