{"id":49018,"date":"2026-04-30T11:35:18","date_gmt":"2026-04-30T11:35:18","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2026\/04\/30\/em-stocks-dip-on-iran-fears-eye-best-month-since-2022\/"},"modified":"2026-04-30T11:35:18","modified_gmt":"2026-04-30T11:35:18","slug":"em-stocks-dip-on-iran-fears-eye-best-month-since-2022","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2026\/04\/30\/em-stocks-dip-on-iran-fears-eye-best-month-since-2022\/","title":{"rendered":"EM stocks dip on Iran fears, eye best month since 2022"},"content":{"rendered":"<div><\/div>\n<p>Most emerging market stocks and currencies declined on Thursday as concerns over a potential escalation in the Iran war weighed on investor sentiment. <\/p>\n<p>Rising oil prices and a hawkish stance from the US Federal Reserve added to the pressure.<\/p>\n<p><a href=\"https:\/\/invezz.com\/news\/2026\/04\/29\/oil-surges-7-as-trump-vows-iran-blockade-strait-risks-rise\/\">Oil prices surged <\/a>more than 7% amid fears of supply disruptions.<\/p>\n<p> According to an Axios report US President Donald Trump is expected to receive a briefing on plans for fresh military strikes on Iran, aimed at pushing Tehran back to negotiations. <\/p>\n<p>The development pushed Brent crude to a fresh four-year high.<\/p>\n<p>Since the conflict began, global markets have remained volatile. <\/p>\n<p>Shipping disruptions in the region have kept oil prices elevated, raising concerns about persistent inflation.<\/p>\n<h2 class=\"wp-block-heading\">EM indexes dip despite strong monthly performance<\/h2>\n<p>MSCI\u2019s indexes tracking emerging market currencies and stocks fell 0.2% and 1.2%, respectively. <\/p>\n<p>Despite the daily decline, both indexes were on track for strong monthly gains.<\/p>\n<p>The stocks gauge is set for its biggest monthly rise since November 2022. <\/p>\n<p>This comes after improved risk appetite earlier in the month, when the US and Iran announced a temporary ceasefire. <\/p>\n<p>The ceasefire was later extended, even as negotiations stalled.<\/p>\n<p>\u201cWith no sign of any peace talks and fears mounting about an escalation, oil prices have continued their gains of recent days&#8230; investors are pricing in a more protracted conflict,\u201d analysts at Deutsche Bank said, as cited in a Reuters report.<\/p>\n<h2 class=\"wp-block-heading\">Regional markets show mixed performance<\/h2>\n<p>Most stock indexes traded lower on the day. <\/p>\n<p>Asian markets, which had rallied on optimism around artificial intelligence, also saw declines.<\/p>\n<p> However, South Korea and Taiwan recorded their best monthly performance in decades.<\/p>\n<p>In Europe, Romanian stocks remained flat, while Hungarian equities rose 1%.<\/p>\n<p> Polish stocks fell 0.6%, while Turkish equities gained 0.4%.<\/p>\n<p>South African stocks rose 0.7%, supported by a more than 1% increase in gold prices. <\/p>\n<p>Gold remains one of the country\u2019s key exports.<\/p>\n<h2 class=\"wp-block-heading\">Fed division adds to market uncertainty<\/h2>\n<p>On the policy front, the US Federal Reserve kept interest rates unchanged at <a href=\"https:\/\/invezz.com\/news\/2026\/04\/29\/powell-says-will-stay-on-board-after-chair-term-ends-but-will-keep-low-profile\/\">Jerome Powell\u2019s final meeting as Chair. <\/a><\/p>\n<p>However, the decision revealed deep divisions within the board, marking the most dissent since 1992.<\/p>\n<p>Markets scaled back expectations for rate cuts, now anticipating that rates could remain unchanged through 2026.<\/p>\n<h2 class=\"wp-block-heading\">Currency moves and global spillover effects<\/h2>\n<p>Among currencies, Turkey\u2019s lira fell 0.3%, while South Africa\u2019s rand remained flat. <\/p>\n<p>Emerging European currencies showed mixed movement against the euro, with Romania\u2019s leu and Hungary\u2019s forint declining 0.7% and 0.8%, respectively.<\/p>\n<p>Despite the dip, the Hungarian forint is set for its strongest monthly gain since June 2012. <\/p>\n<p>The rally followed a sweeping election victory by the centre-right Tisza party.<\/p>\n<p>In Russia, preliminary data showed the economy contracted by 0.3% in the first quarter. <\/p>\n<p>This marked its first quarterly contraction since early 2023.<\/p>\n<p>Meanwhile, Sri Lankan bonds fell by more than 1 cent on the dollar. <\/p>\n<p>The decline was driven by the sharp rise in oil prices, highlighting the broader impact of geopolitical tensions on emerging markets.<\/p>\n<p>The post <a href=\"https:\/\/invezz.com\/news\/2026\/04\/30\/em-stocks-dip-on-iran-fears-eye-best-month-since-2022\/\">EM stocks dip on Iran fears, eye best month since 2022<\/a> appeared first on <a href=\"https:\/\/invezz.com\">Invezz<\/a><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Most emerging market stocks and currencies declined on Thursday as concerns over a potential escalation in the Iran war weighed on investor sentiment. Rising oil prices and a hawkish stance from the US Federal Reserve added to the pressure. Oil prices surged more than 7% amid fears of supply disruptions. According to an Axios report <\/p>\n","protected":false},"author":1,"featured_media":49019,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-49018","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/49018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=49018"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/49018\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/49019"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=49018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=49018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=49018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}