(Bloomberg) -- Emerging-market assets trimmed gains after a report that Iran has rebuffed a ceasefire proposal dented hopes for a quick resolution to the war in the Middle East. MSCI’s index tracking currencies in the developing world was up 0.3%, off its highs from earlier in the session. Trump, who is set to speak at a press conference at 1 p.m. New York time, says Tuesday is the final deadline for Iran to make a deal. Meanwhile, US data showed that prices paid for services and materials jumped to their highest level since October 2022. Businesses are experiencing a sharp run-up in cost pressures for energy and other inputs due to the Iran war.

Source: Mint April 06, 2026 21:01 UTC