JPMorgan Dials Back Bullish Emerging-Markets Calls on Iran War

JPMorgan Chase & Co. dialed back the scale of its overweight recommendations on emerging-market currencies and local bonds due to the risks posed by the US attack on Iran.

By Zijia Song · Bloomberg Markets

JPMorgan Chase & Co. dialed back the scale of its overweight recommendations on emerging-market currencies and local bonds due to the risks posed by the US attack on Iran.