Business & Finance
Markets Are Looking Past the Ceasefire. Then What?
Key Points
Markets Are Looking Past the Ceasefire. Rates and currency volatility could dominate the second half of the year. To get John Authers’ newsletter delivered directly to your inbox, sign up here.
Markets Are Looking Past the Ceasefire. Then What?
Rates and currency volatility could dominate the second half of the year.
To get John Authers’ newsletter delivered directly to your inbox, sign up here.
Markets react to things before they happen. That’s their job. So it’s not that surprising that they’re already pricing in an open Strait of Hormuz and a cessation of hostilities in Iran, even though neither has happened yet.