Energy markets have declined following a US-Iran ceasefire agreement that promises to reopen the Strait of Hormuz. Conversely, gold prices have risen as geopolitical tensions ease and inflation concerns temper.
Key Takeaways
- 1.Energy prices, including oil and gas, slumped following a US-Iran interim peace deal and the potential reopening of the Strait of Hormuz.
- 2.Gold prices advanced as the US-Iran de-escalation eased inflation concerns and reduced market expectations for interest rate hikes.
Table of Contents
- Energy - Oil slumps
- Metals - Gold advances after US-Iran agreement
- Author
- Disclaimer
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Authors
Ewa MantheyWarren Patterson
Securities
CL1CO1TTF GasXAU
Themes
Geopolitical De-escalationSupply Chain Normalization
Regions
EuropeUnited StatesIranSwitzerland