Looking ahead to the second half of the year, Tressis notes that the reduction in geopolitical risk following the agreement between the United States and Iran, coupled with strong corporate results, supports maintaining invested portfolios; however, persistent inflation, the monetary tsunami and the high concentration of market leadership call for continued caution. Reported by Mari Pinardo “The impact of the war has been disproportionately exaggerated”. This is how Daniel Lacalle,…

Report by Renta 4 European markets open lower (Eurostoxx futures down 0.5%, S&P futures up 0.6%, Nasdaq futures up 1.5%) whilst Asian markets close higher (Japan’s Nikkei up 1.7%, South Korean Kospi up 1.3%) and news that Trump has signed the memorandum of understanding (following rumours of a possible delay until Wednesday) to end the war with Iran and reopen the Strait of Hormuz, bringing forward the timetable for the…

Report by Renta 4 Flat opening on European markets (Eurostoxx futures down 0.1%, S&P futures up 0.2%, Nasdaq futures up 0.7%) and modest gains in Asia (Nikkei up 0.8%, Kospi up 1%), with markets keeping a close eye on US-Iran negotiations (the draft MoU has already been published) and with Brent crude continuing to fall (down 16% over five sessions to 78 USD/b), as attention focuses on whether physical traffic…

Report by Renta 4 European markets open largely unchanged (Eurostoxx futures down 0.03%, S&P futures down 0.1%, Nasdaq futures down 0.2%), following gains in the US (Nasdaq up 3% and the Dow Jones hitting new all-time highs) and Asia (Japan’s Nikkei up 0.6% and South Korea’s Kospi up 2%), and amid doubts surrounding the agreement between the US and Iran. On the central bank front, the Bank of Japan (BoJ)…