Global Equities and Oil Prices Diverge Amid Ongoing Geopolitical Uncertainty
Global equities remained broadly unchanged last week, while oil prices rose sharply, reaching $105 per barrel. Despite some positive ceasefire developments, market uncertainty persists, with the Bank of England warning of potential equity market adjustments. Strong corporate earnings, particularly in the US and emerging markets, have supported equity gains.
Topics: ceasefires earnings equities market_complacency oil_prices