Why the US-Iran peace deal remains the key market risk factor for the rest of the year | Metals Mine

  • Why the US-Iran peace deal remains the key market risk factor for the rest of the year

    From finance.yahoo.com

    While Americans celebrate falling oil prices, the tenuous US-Iran peace agreement in the Persian Gulf remains the single largest risk for markets in the second half of the year, according to Oxford Economics chief global economist Ryan Sweet. Since the US and Iran signed a memorandum of understanding (MOU) to end the war and, in theory, reopen the Strait of Hormuz, oil prices have plunged by more than 20%, and equities have rallied. Futures on international benchmark Brent crude (BZ=F) now trade near $72 per barrel, while those on US WTI crude (CL=F) trade below $69 a barrel. Those prices have put renewed vigor into ... (full story)

Comment Options
Vancarbon
3 hr ago — Edited
Permalink
What a nonsense headline .

It’s old news , as is Ukraine / tariffs / inflation ;cheap money and liquidity is the only game in town .

Welcome to the Casino !
Reply
future911
2 hr 41 min ago
Permalink
Hormuz oil swallows all those
Reply
Vancarbon
1 hr 58 min ago — Edited
Permalink
Absolutely . We are informed however that it’s already a foregone conclusion according to the reputable sources .

Another huge grain of salt required .

It appears the market doesn’t give a sh*t about other concerns , cheap money and and liquidity ( via whatever means possible )/is the only concern .
Reply
View 1 reply to future911
Hide reply to future911
View 0 more replies to Vancarbon
Hide replies to Vancarbon

  • Related Stories

Israeli forces triggered explosion in southern Lebanon overnight, state media report
From @FirstSquawk | 14 hr ago | 63 comments
Israeli forces triggered explosion in southern Lebanon overnight, state media report
Iran Didn't Win the War
From robinjbrooks.substack.com | 5 hr ago
The dominant narrative since both sides signed the Memorandum of Understanding on June 17 is that Iran “won” the war. That narrative is profoundly wrong and is often pushed by the same crowd that told us - over and over - that oil would go to $200. The truth is that Iran’s regime desperately needs peace and you don’t have to be a rocket scientist to figure ...
Silver has plunged 50% from its January peak to $60. Why it could hit $130 next year
From morningstar.com | 1 hr 50 min ago
Silver prices have dropped almost 50% from their record peak in January after a trading frenzy in the metal came to an abrupt end. This comes despite demand for the metal remaining stronger than ever, which could help lift prices into next year. Aside from its role as a precious metal, silver has become known for its industrial uses, including electronics, ...
  • Story Stats