JPMorgan Cuts Emerging Market Bets but Backs Latin America
Key Points — JPMorgan halved its overweight recommendations on emerging market currencies and local bonds after the U.S.-Israel strikes on Iran sent the MSCI EM currency index to its worst session since November 2024 — Latin America was singled out as resilient, with lower oil price exposure and higher interest rate differentials providing a buffer […]
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Key Points — JPMorgan halved its overweight recommendations on emerging market currencies and local bonds after the U.S.-Israel strikes on Iran sent the MSCI EM currency index to its worst session since November 2024 — Latin America was singled out as resilient, with lower oil price exposure and higher interest rate differentials providing a buffer […]
