(April 8): Emerging-market assets gained after a ceasefire deal between the US and Iran caused oil prices to plunge and revived risk appetite. Brent crude oil fell 16% to US$91.70 (RM365.61) a barrel at one point. The slump in oil prices also has rekindled hopes for the Federal Reserve to resume cutting interest rates later this year. “The real test will be where oil prices settle as negotiations continue,” said Kerry Craig, a global market strategist at JPMorgan Asset Management. Indonesia’s 10-year yield fell six basis points, while Korea’s 10-year bond yield dropped 12 basis points to 3.64%.

Source: The Edge Markets April 08, 2026 04:37 UTC