This past week, markets were heavily influenced by geopolitical events in the Middle East, just not in the way many might have expected
In short:
Markets Rebound After Middle East Tensions Ease: Equities rose globally after Iran’s limited response to U.S. strikes reduced fears of a broader conflict. Oil prices retraced an initial 20% spike, ending the week nearly flat.
Fed Officials Signal Openness to Rate Cuts: Comments from U.S. Federal Reserve officials hinted at potential rate cuts by July if inflation remains contained and labour market softness continues.
Europe Shows Early Signs of Stabilisation: European PMI data improved modestly, especially in Germany, lifting the composite index just above 50 — a tentative sign of growth returning.
Get access to the graphs: www.investsense.com.au/industry-articles/markets-find-footing-as-middle-east-tensions-cool-and-rate-cuts-loom
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