iShares MSCI Emerging Markets ETF (AU) is trading at $97.03, up 3.6% as emerging-market equities benefit from a sharp drop in oil prices and improving global risk sentiment.

  • The move follows progress on a potential U.S.–Iran deal, which has eased concerns regarding energy-driven inflation and global growth.
  • Broad EM benchmarks are also supported by recent U.S. inflation data and central-bank decisions that have bolstered appetite for riskier assets.
  • The ETF, which tracks the MSCI Emerging Markets Index, has rebounded significantly from its prior close of $93.64 on June 11, 2026.