Emerging Assets Fall for First Time This Week as Oil Prices Jump

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Emerging market equities and currencies fell for the first time this week as oil prices surged after attacks on some of the Middle East’s most important energy facilities.MSCI’s EM Index declined 2%, the most since March 9, while a similar gauge for emerging currencies fell 0.6%, set for its lowest level this year. The Thai baht, Philippine peso and Malaysian ringgit led the drop in currencies Thursday.