MSCI EM Equities Fall 0.3% as US-Iran Tensions and AI Trade Whipsaw Risk Appetite
Updated
Updated · Bloomberg · Jul 9
MSCI EM Equities Fall 0.3% as US-Iran Tensions and AI Trade Whipsaw Risk Appetite
3 articles · Updated · Bloomberg · Jul 9
Summary
MSCI’s emerging-market equity gauge fell 0.3% by 12 p.m. in London, erasing earlier Asian-session gains and extending this week’s slide.
Oil swings, US-Iran tensions and the latest turns in the AI trade kept risk appetite unstable, driving the reversal lower in EM assets.
MSCI’s equivalent emerging-market currency index also dropped 0.3%, though the Hungarian forint and South African rand rebounded as energy-sensitive currencies tracked moves in oil.
The pullback underscored how EM markets remain tightly tied to geopolitical risk, commodity volatility and shifts in global technology positioning.