Emerging-market stocks and currencies showed mixed performance as investors weighed rising tensions between the US and Iran, alongside a technology-led selloff that rattled global markets last week. The mixed reaction reflected uncertainty over geopolitical risks and sector-specific pressures.

In Asia, equity indices fluctuated with some markets gaining on resilient domestic demand while others fell on concerns about potential spillover from Middle Eastern instability. Latin American currencies experienced modest volatility, reacting to shifts in risk sentiment and commodity price movements. Meanwhile, exchange rates in EMEA regions displayed varied trends, influenced by both local economic data and the broader risk-off atmosphere.

Market participants continued to monitor diplomatic developments and earnings reports from technology firms, seeking clues about the duration of the selloff. Analysts noted that any de-escalation in US-Iran tensions or stabilization in tech stocks could shift emerging-market trajectories. Overall, the session underscored the interconnectedness of geopolitical events and sector performance in shaping investor behavior.