Financial markets continue to behave as though diplomacy will ultimately prevail in the Middle East. That assumption is becoming increasingly difficult to justify. Over the past 48 hours, the conflict has escalated dramatically following the downing of a US military helicopter off the coast of Oman, triggering direct military exchanges between Washington and Tehran and […]
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As of one year ago, UnitedHealth Group (UNH) was experiencing a severe and volatile downward correction, trading at approximately $300 to $312 per share. Down from its all-time closing high of $603.20 in November, 2024. Read more…
In focus today As the main event of the week in Europe, we expect the ECB to hike the deposit rate by 25bp to 2.25%, in line with consensus and markets. With the June hike Read more…
Key takeaways Stagflation fears returned sharply as President Trump’s threat of hard strikes on Iran pushed WTI crude back above US$90, while hot US CPI data reinforced expectations of a higher-for-longer Federal Reserve policy stance. Read more…