Emerging Markets Selloff Pauses as US Dollar Consolidates Gains [BNN Bloomberg (Canada)]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
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Source: BNN Bloomberg
The MSCI emerging markets equity index posted a modest rise in its first advance in five days. It lost almost 5%, erasing this year's rally, over the previous four days amid a surge in the US dollar and flight to safety due to fears about a wider war in the Middle East and postponement of Federal Reserve interest rate expectations. Treasury yields traded in a narrow range near 2024 highs, and a gauge of the dollar held near a five-month high after Federal Reserve Chair Jerome Powell said Tuesday it would likely take longer to have confidence that inflation is headed toward target. Emerging-market currencies were mixed today after the selloff placed each of the 24 emerging market currencies tracked by Bloomberg in red for the year. The CSI 2000 Index of small-cap companies jumped 7% after China's top securities regulator tried to allay investor concerns about new stock exchange rules following a rout in small-cap shares, saying they don't expect a surge in delistings as a result o
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- JPM's page on the SEC website