Finance

Emerging Assets Extend Gains as Iran Delivers New Proposal to US

Emerging-market benchmarks for stocks and currencies extended climb in holiday-thinned trade as Iran delivered a new proposal to the US via Pakistan while the Strait of Hormuz remains shut.

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Bloomberg
May 1, 2026·1 min read
Emerging Assets Extend Gains as Iran Delivers New Proposal to US

Image: Bloomberg

Emerging-market benchmarks for stocks and currencies extended climb in holiday-thinned trade as Iran delivered a new proposal to the US via Pakistan while the Strait of Hormuz remains shut.

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Emerging Assets Extend Gains as Iran Delivers New Proposal to US

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