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Markets surge as Iran and US agree to a deal
Description
Yesterday, the US and Iran agreed to the immediate and permanent termination of military operations on all fronts, including in Lebanon. The deal is set to be signed on Friday and still allows for a 60-day window to negotiate issues around Iran’s nuclear program. Evidently some details are still to be ironed out, but equity and bond markets have reacted positively, with Asia trading higher this morning and futures pointing to a higher opening globally today. Added to this, the price of oil has already dropped more than 4% and gold has climbed 3%. Mensur Pocinci, Head of Technical Analysis, provides his thoughts on where these assets might trade from here, as well as sharing his view on semiconductor stocks.
- (00:00) - Introduction: Jan Bopp, Product & Investment Content
- (01:09) - Markets wrap-up: Bernadette Anderko, Product & Investment Content
- (07:18) - Technical Analysis update: Mensur Pocinci, Head of Technical Analysis
- (09:22) - Closing remarks: Jan Bopp, Product & Investment Content
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