Iran war splits global markets into clear winners and losers

Three months into the Iran war, persistently high oil prices are reigniting inflation concerns for policymakers. The article also flags sliding Asian currencies as an added macro headwind, especially for some emerging markets. The combined effect points to broader risk-off pressure across rates, FX, and energy-sensitive assets.

Analysis

Three months into the Iran war, persistently high oil prices are reigniting inflation concerns for policymakers. The article also flags sliding Asian currencies as an added macro headwind, especially for some emerging markets. The combined effect points to broader risk-off pressure across rates, FX, and energy-sensitive assets.