FALLING OIL PRICES HELP BONDS BUT INVESTORS APPEAR NERVOUS OF BIG TECH VALUATIONS
This week saw the price of oil return to its pre-conflict level as Brent crude hit $72 a barrel. The price is still above the $67 average seen in January and February, reflecting the run-up in the days before fighting began.
Read The Full ArticleEQUITY MARKETS WELCOME US ATTEMPTS TO DRAW A LINE UNDER MIDDLE EAST MISADVENTURE
This week Donald Trump finished his Iranian Taco. The US president clearly bit off more than he could chew and Trump has been looking for a way out since it became apparent that the only other real option was significant escalation.
Read The Full ArticleTHE GIANT SPACEX IPO WILL SET THE TONE FOR FURTHER AI SHARE ISSUES
This week sees SpaceX shares start trading in New York. The IPO was heavily oversubscribed and many investors will watch the first day’s trading closely, looking to secure a stake or to pocket a quick profit, depending on their view of the company’s valuation.
Read The Full ArticleTECH FIRMS GET SET TO TEST INVESTOR APPETITE FOR ARTIFICIAL INTELLIGENCE
This week, Washington and Tehran moved closer to a deal that would extend the ceasefire by 60 days and reopen the Strait of Hormuz, with Brent slipping to $91 a barrel by Friday morning.
Read The Full Article$91.14, PENDING ONE SIGNATURE AND SEVERAL CHANGES OF MIND
This week, Washington and Tehran moved closer to a deal that would extend the ceasefire by 60 days and reopen the Strait of Hormuz, with Brent slipping to $91 a barrel by Friday morning.
Read The Full ArticleSPACEX IPO WILL TEST INVESTOR APPETITE FOR BIG TECH AS AI RIVALS ALSO PREPARE TO LIST
This week brought news of the impending IPO of Elon Musk’s SpaceX. If it achieves its rumoured valuation of $1.75tn, it would be the seventh largest US listed company, worth more than Meta, Berkshire Hathaway and Walmart.
Read The Full ArticleOIL CONTINUES TO CLIMB AS HORMUZ REMAINS SEALED AND CENTRAL BANKS PLAY FOR TIME
This week a signal that the US may be willing to keep the Strait of Hormuz closed for months sent another shock wave through oil markets.
Read The Full ArticleA TRUCE AT MIDNIGHT, A RALLY AT DAWN AND A STRAIT THAT IS NOT YET OPEN
This week markets heaved a sigh of relief as the US and Iran agreed a ceasefire and committed to negotiations toward a permanent end to hostilities.
Read The Full ArticleIran Ceasefire Triggers Short-Term Relief Rally
The US and Iran agreed a two-week ceasefire just before US President Donald Trump’s deadline on Tuesday night. The agreement has avoided a further escalation in the conflict and sparked a broad relief rally across global markets.
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Spring Outlook
The exuberance of US equity markets has given way to a more pessimistic outlook.
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