Volatility remains high as the Middle East conflict enters a sixth day [Video]

Ipek Ozkardeskaya Swissquote Bank Ltd

Volatility remains high as the Middle East conflict enters a sixth day, keeping investors on edge. Early reports of potential Iranian negotiations were dismissed, while disruptions through the Strait of Hormuz have pushed oil prices higher, adding pressure to global inflation and interest rates.

US and European equities rebounded yesterday on strong economic data, but futures don’t point at further gains. Headlines will continue to drive the price action but investors are eager to price in an end to the conflict.

This is why tiniest hopes lead to gains that can not be sustainable if the conflict persists.

Author

Ipek Ozkardeskaya

Swissquote Bank Ltd

Ipek Ozkardeskaya began her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked in HSBC Private Bank in Geneva in relation to high and ultra-high-net-worth clients.

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