EMERGING MARKETS-Middle East tensions drag risk-sensitive stocks, FX down [Yahoo! Finance]
S&P Global Inc. (SPGI)
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Source: Yahoo! Finance
Indonesian cenbank intervenes "more boldly" as rupiah drops S&P cuts Israel's credit rating on heightened geopolitical risk Emerging market stocks down 1.6%, FX off 0.3% By Bansari Mayur Kamdar April 19 (Reuters) - Emerging market stocks and currencies fell on Friday, heading for their second weekly loss as investors ditched riskier assets after a reported Israeli attack on Iran stoked Middle East tensions. The MSCI index for emerging market stocks fell 1.6%, while currencies dipped 0.3% by 0820 GMT, after Israel reportedly launched an attack on Iranian soil, in the latest tit-for-tat exchange between the two arch foes. Israel has not claimed responsibility for the strike. "Give that today is a Friday and market will be jittery over any developments over the weekend, we are likely to see a push towards risk aversion and degrossing as investors try to reduce risk before the weekend," said Mohit Kumar, chief Europe economist for Jefferies, in a note. "Geopolitical premi
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SPGI
Earnings
- 4/26/24 - Miss
SPGI
Sec Filings
- 4/26/24 - Form IRANNOTICE
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- SPGI's page on the SEC website