<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/04/image-1-1776949492.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/04/image-1-1776949492.png"/></p>
<p>新兴市场股票和货币在周四下跌，因高企的原油价格和持续的地缘政治紧张局势对投资者情绪造成压力。</p>
<p>霍尔木兹海峡的航运限制持续以及美伊谈判的缺失使得油价保持在每桶 100 美元以上，进一步加剧了全球经济放缓的担忧。</p>
<p>MSCI 跟踪新兴市场股票的指数下跌了 0.4%，而货币的平行指数下滑了 0.2%。</p>
<p>投资者转向避险的美元，给风险敏感资产施加了压力。</p>
<h2>中央银行介入以稳定货币</h2>
<p>新兴市场的政策制定者采取了防御措施以限制货币波动。</p>
<p>印度尼西亚中央银行表示，将继续在货币市场进行干预，以稳定印尼盾，后者跌至每美元 17,315 的历史低点。</p>
<p>该货币还记录了自九月以来的最大单日跌幅。</p>
<p>在印度，中央银行通过出售美元来支持印度卢比，路透社引用的交易员称。</p>
<p>印度卢比仍接近历史低点，徘徊在每美元 94 附近。</p>
<p>预计更高的能源成本将对印度的企业盈利施加压力。</p>
<p>汇丰将印度股票评级从 “中性” 下调至 “减持”，这是一个月内的第二次下调。</p>
<p>基准指数在交易期间各下跌约 0.7%。</p>
<h2>尽管政策收紧，亚洲货币仍疲软</h2>
<p>在亚洲其他地区，菲律宾比索下跌 0.4%，尽管中央银行将关键利率提高至 4.50% 以遏制因能源价格上涨而驱动的通胀。</p>
<p>越南也表示，今年的通胀可能超过目标。</p>
<h2>地缘政治紧张局势让市场保持紧张</h2>
<p>尽管中东部分地区实现了停火，但不确定性依然很高。</p>
<p>以色列与真主党在黎巴嫩的敌对行动持续，而美国对伊朗港口实施严格封锁，遭到德黑兰的批评。</p>
<p>“能源价格冲击当然会恶化净能源进口新兴市场的经常账户状况，” 资本经济学的副首席新兴市场经济学家 Shilan Shah 在路透社的报道中表示。</p>
<p>他补充道：“但与乌克兰战争开始时的其他近期能源冲击不同，大多数新兴市场的外部资产负债表正处于强势位置，限制了大幅货币调整的风险。”</p>
<h2>对金融支持的需求上升</h2>
<p>地缘政治发展的压力使得多个国家寻求金融支持。</p>
<p>美国财政部长 Scott Bessent 表示，海湾地区和亚洲的多个盟友已请求货币互换额度，以应对能源冲击和更广泛的影响。</p>
<p>请求支持的阿联酋国际债券略有下跌。</p>
<h2>欧洲和人工智能驱动行业的混合信号</h2>
<p>新兴欧洲部分地区出现了一些缓解。</p>
<p>俄罗斯的石油在经过长时间停滞后重新通过乌克兰的友谊管道流动。</p>
<p>匈牙利随后解除对 90 亿欧元欧盟贷款给乌克兰的否决。</p>
<p>乌克兰的国际债券在美元上升超过 0.6 美分。</p>
<p>尽管市场整体疲软，与人工智能相关的科技股仍继续吸引投资者关注。韩国股市创下历史新高，得益于强劲的芯片制造商表现。</p>
<p>SK 海力士报告了创纪录的季度利润，并预计人工智能芯片的需求将超过供应能力。</p>
<p>该股票今年上涨了 88%，与三星电子的涨幅相伴，后者本月早些时候也发布了乐观的盈利指引。</p>
<p>摩根大通还表示，沙特阿拉伯和菲律宾将于明年被纳入其本币新兴市场债务指数，突显该资产类别的持续结构性发展。</p>
<p>与此同时，罗马尼亚的政治不确定性仍然受到关注，因为执政联盟最大的政党撤回了对总理 Ilie Bolojan 的支持。</p>
<p>然而，罗马尼亚列伊保持稳定。</p>
<p>新兴市场因油价保持在 100 美元以上而下跌，紧张局势持续的文章首发于 Invezz。</p>

和顺石油

英国石油

<p>新兴市场股票和货币下跌，因为由于地缘政治紧张局势和运输限制，油价保持在 100 美元以上。新兴市场股票的 MSCI 指数下跌了 0.4%，而货币下跌了 0.2%。印度尼西亚和印度的中央银行介入以稳定其货币，因能源成本上升，寻求金融支持的需求增加，多个国家寻求货币互换额度。尽管整体市场疲软，与人工智能相关的科技股表现良好，摩根大通宣布将新增本币新兴市场债务指数</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/04/image-1-1776949492.png" alt="" original-src="https://invezz-wp-media.lon1.digitaloceanspaces.com/2026/04/image-1-1776949492.png"/></p>
<p>Emerging market stocks and currencies declined on Thursday as elevated crude prices and ongoing geopolitical tensions weighed on investor sentiment.</p>
<div class="lb-trans"><p>新兴市场股票和货币在周四下跌，因高企的原油价格和持续的地缘政治紧张局势对投资者情绪造成压力。</p>
</div><p>Continued restrictions on shipping through the Strait of Hormuz and the absence of US-Iran negotiations kept oil prices above $100 a barrel, fuelling concerns of a potential global economic slowdown.</p>
<div class="lb-trans"><p>霍尔木兹海峡的航运限制持续以及美伊谈判的缺失使得油价保持在每桶 100 美元以上，进一步加剧了全球经济放缓的担忧。</p>
</div><p>MSCI’s index tracking emerging market equities fell 0.4%, while a parallel index for currencies slipped 0.2%.</p>
<div class="lb-trans"><p>MSCI 跟踪新兴市场股票的指数下跌了 0.4%，而货币的平行指数下滑了 0.2%。</p>
</div><p>Investors moved towards the safe-haven US dollar, adding pressure on risk-sensitive assets.</p>
<div class="lb-trans"><p>投资者转向避险的美元，给风险敏感资产施加了压力。</p>
</div><h2>Central banks step in to stabilise currencies</h2>
<div class="lb-trans"><h2>中央银行介入以稳定货币</h2>
</div><p>Policymakers across emerging markets responded with defensive measures to limit currency volatility.</p>
<div class="lb-trans"><p>新兴市场的政策制定者采取了防御措施以限制货币波动。</p>
</div><p>Indonesia’s central bank said it would continue intervening in currency markets to stabilise the rupiah, which dropped to a record low of 17,315 per dollar.</p>
<div class="lb-trans"><p>印度尼西亚中央银行表示，将继续在货币市场进行干预，以稳定印尼盾，后者跌至每美元 17,315 的历史低点。</p>
</div><p>The currency also logged its sharpest daily decline since September.</p>
<div class="lb-trans"><p>该货币还记录了自九月以来的最大单日跌幅。</p>
</div><p>In India, the central bank stepped in to support the rupee by selling dollars, according to traders cited in a Reuters report.</p>
<div class="lb-trans"><p>在印度，中央银行通过出售美元来支持印度卢比，路透社引用的交易员称。</p>
</div><p>The rupee remained close to record lows, hovering near 94 per US dollar.</p>
<div class="lb-trans"><p>印度卢比仍接近历史低点，徘徊在每美元 94 附近。</p>
</div><p>Higher energy costs are expected to pressure corporate earnings in India.</p>
<div class="lb-trans"><p>预计更高的能源成本将对印度的企业盈利施加压力。</p>
</div><p>HSBC downgraded Indian equities to “underweight” from “neutral”, marking its second downgrade within a month.</p>
<div class="lb-trans"><p>汇丰将印度股票评级从 “中性” 下调至 “减持”，这是一个月内的第二次下调。</p>
</div><p>Benchmark indices fell around 0.7% each during the session.</p>
<div class="lb-trans"><p>基准指数在交易期间各下跌约 0.7%。</p>
</div><h2>Asia currencies weaken despite policy tightening</h2>
<div class="lb-trans"><h2>尽管政策收紧，亚洲货币仍疲软</h2>
</div><p>Elsewhere in Asia, the Philippine peso fell 0.4%, even after the central bank raised its key interest rate to 4.50% to contain inflation driven by rising energy prices.</p>
<div class="lb-trans"><p>在亚洲其他地区，菲律宾比索下跌 0.4%，尽管中央银行将关键利率提高至 4.50% 以遏制因能源价格上涨而驱动的通胀。</p>
</div><p>Vietnam also indicated that inflation could exceed its target this year.</p>
<div class="lb-trans"><p>越南也表示，今年的通胀可能超过目标。</p>
</div><h2>Geopolitical tensions keep markets on edge</h2>
<div class="lb-trans"><h2>地缘政治紧张局势让市场保持紧张</h2>
</div><p>Despite a ceasefire in parts of the Middle East, uncertainty remained high.</p>
<div class="lb-trans"><p>尽管中东部分地区实现了停火，但不确定性依然很高。</p>
</div><p>Hostilities between Israel and Hezbollah continued in Lebanon, while the United States enforced a strict blockade of Iranian ports, drawing criticism from Tehran.</p>
<div class="lb-trans"><p>以色列与真主党在黎巴嫩的敌对行动持续，而美国对伊朗港口实施严格封锁，遭到德黑兰的批评。</p>
</div><p>“The energy price shock will of course worsen the current account positions of net-energy importing EMs,” said Shilan Shah, deputy chief emerging markets economist at Capital Economics, as quoted in a Reuters report.</p>
<div class="lb-trans"><p>“能源价格冲击当然会恶化净能源进口新兴市场的经常账户状况，” 资本经济学的副首席新兴市场经济学家 Shilan Shah 在路透社的报道中表示。</p>
</div><p>He added, “But unlike other recent energy shocks such as the start of the Ukraine war, the external balance sheets of most EMs are starting from a position of strength, limiting the risk of large currency adjustments.”</p>
<div class="lb-trans"><p>他补充道：“但与乌克兰战争开始时的其他近期能源冲击不同，大多数新兴市场的外部资产负债表正处于强势位置，限制了大幅货币调整的风险。”</p>
</div><h2>Demand for financial support rises</h2>
<div class="lb-trans"><h2>对金融支持的需求上升</h2>
</div><p>The strain from geopolitical developments has led several countries to seek financial support.</p>
<div class="lb-trans"><p>地缘政治发展的压力使得多个国家寻求金融支持。</p>
</div><p>US Treasury Secretary Scott Bessent said that multiple allies in the Gulf region and Asia have requested currency swap lines to manage the impact of energy shocks and broader fallout.</p>
<div class="lb-trans"><p>美国财政部长 Scott Bessent 表示，海湾地区和亚洲的多个盟友已请求货币互换额度，以应对能源冲击和更广泛的影响。</p>
</div><p>International bonds from the United Arab Emirates, one of the countries requesting support, were slightly lower.</p>
<div class="lb-trans"><p>请求支持的阿联酋国际债券略有下跌。</p>
</div><h2>Mixed signals from Europe and AI-driven sectors</h2>
<div class="lb-trans"><h2>欧洲和人工智能驱动行业的混合信号</h2>
</div><p>Some relief emerged in parts of emerging Europe.</p>
<div class="lb-trans"><p>新兴欧洲部分地区出现了一些缓解。</p>
</div><p>Russian oil resumed flowing through the Ukrainian section of the Druzhba pipeline after a prolonged halt.</p>
<div class="lb-trans"><p>俄罗斯的石油在经过长时间停滞后重新通过乌克兰的友谊管道流动。</p>
</div><p>Hungary subsequently lifted its veto on a 90 billion euro EU loan to Ukraine.</p>
<div class="lb-trans"><p>匈牙利随后解除对 90 亿欧元欧盟贷款给乌克兰的否决。</p>
</div><p>Ukraine’s international bonds gained more than 0.6 cents on the dollar.</p>
<div class="lb-trans"><p>乌克兰的国际债券在美元上升超过 0.6 美分。</p>
</div><p>Despite broader market weakness, technology stocks linked to artificial intelligence continued to attract investor interest. South Korean shares hit a record close, supported by strong chipmaker performance.</p>
<div class="lb-trans"><p>尽管市场整体疲软，与人工智能相关的科技股仍继续吸引投资者关注。韩国股市创下历史新高，得益于强劲的芯片制造商表现。</p>
</div><p>SK Hynix reported record quarterly profits and projected that demand for artificial intelligence chips would exceed supply capacity.</p>
<div class="lb-trans"><p>SK 海力士报告了创纪录的季度利润，并预计人工智能芯片的需求将超过供应能力。</p>
</div><p>The stock has risen 88% this year, alongside gains in Samsung Electronics, which also issued optimistic earnings guidance earlier this month.</p>
<div class="lb-trans"><p>该股票今年上涨了 88%，与三星电子的涨幅相伴，后者本月早些时候也发布了乐观的盈利指引。</p>
</div><p>JP Morgan also said Saudi Arabia and the Philippines will be added to its local currency emerging market debt index next year, highlighting continued structural developments in the asset class.</p>
<div class="lb-trans"><p>摩根大通还表示，沙特阿拉伯和菲律宾将于明年被纳入其本币新兴市场债务指数，突显该资产类别的持续结构性发展。</p>
</div><p>Meanwhile, political uncertainty in Romania remained in focus after the ruling coalition’s largest party withdrew support for Prime Minister Ilie Bolojan.</p>
<div class="lb-trans"><p>与此同时，罗马尼亚的政治不确定性仍然受到关注，因为执政联盟最大的政党撤回了对总理 Ilie Bolojan 的支持。</p>
</div><p>The Romanian leu, however, remained stable.</p>
<div class="lb-trans"><p>然而，罗马尼亚列伊保持稳定。</p>
</div><p>The post Emerging markets fall as oil stays above $100, tensions persist appeared first on Invezz</p>
<div class="lb-trans"><p>新兴市场因油价保持在 100 美元以上而下跌，紧张局势持续的文章首发于 Invezz。</p>
</div>

Emerging markets fall as oil stays above $100, tensions persist

invezz

摩根大通

印度 MSCI ETF - iShares

印尼 MSCI ETF - iShares

iShares MSCI新兴市场ETF

能源业 ETF - SPDR

Avantis Emerging Markets Equity ETF

iShares MSCI EM Islamic UCITS ETF

油气开采 ETF - SPDR

iShares Core MSCI EM IMI UCITS ETF

iShares Edge MSCI EM Value Factor UCITS ETF

SPDR新兴市场投资组合ETF

Xtrackers Nifty 500 India ETF

iShares MSCI EM Ex-China

美国 WTI 原油 ETF

能源业 ETF - Vanguard

WisdomTree新兴市场高收益股票基金

iShares MSCI EM UCITS ETF USD (Acc)

Avantis Emerging Markets Value ETF

Schwab新兴市场股票ETF

油气服务 ETF - Market Vectors

美国油气勘探与生产 ETF - iShares

iShares MSCI新兴市场综合因素ETF

标普全球能源股指数 ETF - iShares

标普油气设备与服务 ETF - SPDR

SPDR标普新兴市场高股利ETF

炼油公司指数 ETF - VanEck Vectors

印度小盘股 MSCI ETF - iShares

iShares MSCI EM UCITS ETF USD (Dist)

2 倍做多彭博原油 ETF - ProShares

iShares安硕核心MSCI新兴市场ETF

汇丰控股

汇丰

三星电子

HSBC 5xShortSG241213

汇丰控股有限公司

Samsung Electronics Co., Ltd. Sponsored GDR

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

由于油价持续保持在 100 美元以上且紧张局势未减，新兴市场出现下跌