Oil Prices Subdued Despite Iran’s Attack on Israel
The Iranian strike on Israel raises the risk of supply disruptions that could drive prices higher, but for now markets seem to keep their cool
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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The Iranian strike on Israel raises the risk of supply disruptions that could drive prices higher, but for now markets seem to keep their cool
The pair drops after the European Central Bank laid the groundwork for upcoming rate cuts, while pricing for a Fed move is pushed beyond summer following the hot CPI report
US inflation accelerated according to Wednesday’s data, which raise the bar for a Fed pivot, while the Bank of Canada opened the door to a June cut
The pair jumps above the July 1990 highs as today’s data showed an acceleration in price pressures, which raises the bar for rate cuts and boosts the greenback
Having rejected pivotal resistance the pair slides and tests the EMA200 as markets brace for Thursday’s policy decision by the European Central Bank
Another strong jobs report did not bother Wall Street, which appears to think that this reinforces the soft landing scenario, despite risk for less Fed cuts than previously expected
Disney scored a crucial victory this week in the proxy fight against Trian Partners, but its stock pulls back from critical tech levels after a stellar first quarter
The commodity extends its gains to the highest since January 2023, helped by China’s recovery that boosts demand prospects, amidst supply disruptions
Apple & Tesla are part of the so-called Magnificent Seven, but unlike their group peers, their performance has been disappointing this year
The tech-heavy index trades with caution after the unexpected manufacturing PMI expansion, which sapped rate cut expectations
USOil comes from a profitable month and quarter, largely due to supply disruptions and the latest upbeat factory data from China support it today
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