EM stocks, FX fall on renewed Iran war risks, but set for monthly gains

Mădălin Mihai

April 30 : Most emerging market stocks and currencies dipped on Thursday on concerns that the Iran war could escalate, sending oil prices soaring over 7 per cent, while investors assessed the impact of a hawkish stance by the U.S. Federal Reserve. Trump is slated to receive a briefing on plans for a series of fresh military strikes on Iran in hopes it will return to negotiations, according to an Axios report late on Wednesday, sending Brent crude prices to a fresh four-year high. Since its

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