🟢 iShares MSCI Emerging Markets ETF (AU) is trading 3.1% up today as oil prices retreat and risk sentiment improves

iShares MSCI Emerging Markets ETF (AU) is trading 3.1% up today as investors rotate back into emerging-market equities following a sharp pullback in oil prices and easing inflation worries.

• Improved global risk sentiment follows progress on a U.S.–Iran peace deal and the reopening of the Strait of Hormuz.
• The reduction in energy risk premiums is providing a significant tailwind for growth-sensitive emerging markets.