Emerging-Market Stocks Decline on Mideast Tensions, Rate Risks
Emerging-market stocks fell as rising tensions in the Middle East drove investors toward safer assets, while uncertainty over the global rate outlook added to the pressure.
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Emerging-market stocks fell as rising tensions in the Middle East drove investors toward safer assets, while uncertainty over the global rate outlook added to the pressure.
Japanโs government bonds slumped on Friday, tracking a selloff in the US bond market after escalating Middle East tensions drove up oil prices.
Australian bonds slid, tracking an overnight slump in Treasuries after escalating Middle East tensions drove up oil prices.
Industrial metals retreated as escalating hostilities in the Middle East underscored lingering headwinds, after a key gauge of prices on the London Metal Exchange surged to an all-time high.
Oil edged higher on renewed concern that escalating US-Iran tensions may disrupt crude supplies and stoke inflation after the two sides traded attacks over the weekend.