Vivien Lou Chen is a Markets Reporter for MarketWatch. You can follow her on Twitter @vivienlouchen.
Global investors are just beginning to grasp the possibility that intensifying geopolitical risks may be here to stay, with the near-term risk of an oil shock rising as the U.S. beefs up its military presence in the Middle East.
Financial markets have largely taken Mideast developments in stride, with investors and traders mostly focused on the lack of any ground invasion by Israel so far and Monday’s release of two elderly hostages by the militant group Hamas. All three major U.S. stock indexes DJIA SPX COMP were higher in New York afternoon trading Tuesday, while 1- BX:TMUBMUSD01Y through 5-year Treasurys BX:TMUBMUSD05Y sold off — sending their corresponding yields higher.
“Mideast instability combines with Russian energy weaponization to impose high odds of a significant oil supply constraint on the global economic outlook in 2024,” Ibrahim wrote in a note released on Tuesday. “The Biden administration will seek ways to increase oil production but its options are limited. There is not yet a new US-Saudi strategic understanding, so Saudi Arabia will increase oil production too little, too late, if at all.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
US military reinforcements in Mideast risk 'escalation', Russia warnsRussia recognises the vital role of the US and the EU in achieving a diplomatic resolution to the Israeli-Palestinian conflict, stressing the fundamental importance of ensuring 'unhindered access' to the enclave for humanitarian aid.
Lire la suite »
Research Associate/Senior Research Associate (Fixed Term) - Cambridgeshire job with PennaResearch Associate/Senior Research Associate (Fixed Term) Department of Oncology Salary: £36,024- £44,263 or £45,585- £57,696 We are a multi-disciplinary translational prostate cancer research group based at the new University of Cambridge Early Cancer Institute.
Lire la suite »
Elite Universities Face Donor Revolt Over Mideast ConflictSome wealthy alums say response to Hamas attacks was final straw after years of growing disenchantment
Lire la suite »
Ukraine: Mideast War Shows West Must Boost Arms ProductionWestern democracies should increase their investment in weapons because the output of arms factories across the globe is falling far short of what is needed now that there are major wars in Ukraine and in the Middle East.
Lire la suite »
Elite Universities Face Donor Revolt Over Mideast ConflictSome wealthy alums say response to Hamas attacks was final straw after years of growing disenchantment
Lire la suite »