Macro Finance
EM Assets Retreat as Iran Deal Doubts Push Oil Prices Higher
Bloomberg Markets·August 11, 2026·1 min read
Emerging-market assets fell on Tuesday, with a currency gauge snapping a four-day winning streak. The decline was driven by fading hopes for a US-Iran deal, which weighed on risk sentiment among investors. The uncertainty surrounding the negotiations pushed oil prices higher, contributing to the retreat in EM assets.
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