Global markets started the week cautiously as renewed US Iran tensions, falling oil prices and concerns over artificial intelligence spending shaped investor sentiment.
Global markets entered the new week on a cautious footing as investors balanced renewed uncertainty around the US Iran peace process, easing oil prices and growing concerns about the sustainability of artificial intelligence investment.
The latest market movements come after a volatile period in which geopolitical developments drove sharp moves across commodities, currencies and equities, with investors now turning their attention towards inflation trends and central bank policy.
Bianca Botes, Managing Director at Citadel Global, said markets started the week cautiously after the United States and Iran exchanged fire over the weekend, marking the most significant escalation since peace talks between the two countries began.
“On Sunday, however, the US agreed to return to diplomacy, bringing some relief,” Botes said.
