Analysts at JPMorgan recommended selling or "underweight" emerging market local currency sovereign debt because of the global impact of the Ukraine-Russia crisis.JPMorgan estimated that fixed-income assets in emerging markets have lost 6-9 percent of…
The China Securities New Energy Vehicle index rose as much as 4.1 percent after a strong rally in lithium-ion shares on the Chinese stock market. Brokerages said lithium enterprises would usher in marginal expectations, and currently, it may be the b…
Oil futures tumbled more than $5 a barrel on news that the Biden administration is considering releasing about 1 million barrels a day from the U.S. Strategic Petroleum Reserve (SPR) for several months to cool surging crude prices.Brent crude futures…