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Markets to track Iran-Israel conflict, crude oil, US rate decision this week
Stock investors will track the ongoing conflict between Iran and Israel, Brent crude oil prices, inflation data and the US Fed interest rate decision for further cues this week, analysts said. Tariff-related news would also dictate trends in the equity market, experts noted.
Perhaps unsurprisingly, so far the reality has not lived up to the hype. But those proclaiming the end of US exceptionalism ...
Wall Street initially cheered soft inflation data and hopeful tariff news, but momentum stalled in late-day trading.
"Much of the recession 'discount' in the comparative valuations of Cyclicals occurred during the twelve months (or earlier) ...
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