A week that began with hope ended with a reminder that geopolitics rarely moves in a straight line. The US and Iran signed a memorandum of understanding in Switzerland on Friday, formally opening a 60-day ceasefire and lifting the naval blockade on the Strait of Hormuz. Brent crude slumped almost 7% over the week to just above US$80 a barrel, the lowest in three months, while the Dow closed at an all-time high midweek. By Sunday, however, fresh Israeli strikes on Hezbollah, Iranian threats to re-close the Strait, and pointed comments from President Trump had markets reaching for the seatbelts again.

Get access to the graphs: www.investsense.com.au/industry-articles/markets-exhale-then-catch-their-breath 

Join the InvestSense Community to receive weekly insights from our investment team: https://www.investsense.com.au/investsense-insights?utm_source=Podcast+&utm_medium=MarketSenseCheck