JPMorgan returns to 'Overweight' on EMFX and says contours of end game in Middle East are emerging

JPMorgan's upgrade to 'Overweight' on emerging market foreign exchange (EMFX) indicates a bullish outlook for these assets, likely reflecting expectations of improved risk sentiment and potential stability in those regions.

Newsquawk StaffPublished On the live feed at 7 more headlines followed before this page went public
Newsquawk headlinesUTC

Tracking data appears to show a number of Iran-linked ships passing through the Strait of Hormuz in the hours after the US blockade of the waterway began on Monday, via CBS

The Iranian government says preliminary assessment of damage caused by the February 28-April 7 US-Israeli aggression has reached USD 270bln

JPMorgan returns to 'Overweight' on EMFX and says contours of end game in Middle East are emerging

Lucid (LCID) and Uber (UBER) expand robotaxi partnership to at least 35,000 vehicles; Uber increases total investment in Lucid to USD 500mln with USD 200mln additional commitment

Lucid (LCID) names Silvio Napoli as its new CEO, while receiving USD 750mln of commitments from Saudi PIF and Uber (UBER)

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

Their mention of emerging contours in the Middle East could suggest a resolution or shift in geopolitical tensions that may further support inflows into EM assets. This repositioning may influence broader investment strategies across various asset classes, particularly if it aligns with a more favorable economic outlook for emerging markets.

Related headlines

The whole workspace, free to try.

Try it free