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Diverging CEO confidence amid geopolitical tensions may signal market volatility, impacting consumer sectors and investor strategies. The post CEOs lose confidence in economy amid ongoing Iran war appeared first on Crypto Briefing.
The post Equities: Pullback as Oil and yields rebound – Danske Bank appeared on BitcoinEthereumNews.com. Danske Bank’s Danske Research Team notes that global equities paused and are set to open lower as Oil prices and yields move higher following renewed US-Iran tensions. They highlight profit-taking in momentum stocks after strong gains, with consumer sectors and heavily shorted names outperforming in what they describe as a catch-up move rather than data-driven rotation. Momentum unwinds, risk tone softer “US momentum stocks have rallied 5% in a week, and up almost 30% over the last month, so it makes sense to see days of profit-taking. In the absence of tech, consumer stocks led the market yesterday, across retail, staples, home builders etc.” “Equities took a breather yesterday and will decline further as markets open today. Instead of a peace deal, which investors are eagerly waiting for and pricing, the US carried out fresh strikes on Iran last night.” “Korean Kospi down 3% this
