JPMorgan Dials Back Bullish Emerging-Markets Calls on Iran War

(Bloomberg) -- JPMorgan Chase & Co. dialed again the size of its chubby suggestions on emerging-market currencies and native bonds as a result of dangers posed by the US assault on Iran. Strategists led by Jonny Goulden, Anezka Christovova and Arindam Sandilya wrote in a observe that reactions in rising markets Monday morning had been damaging however restricted, presenting a possibility to cut back some publicity because the battle casts uncertainty over markets.“The constructive...

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