JP Morgan: Falling Oil Prices Could Benefit Global Stock Markets
JPMorgan Asset Management’s Chief Market Strategist for EMEA, Karen Ward, stated that falling oil prices could act as a tailwind for global stock markets by reducing inflation concerns and potentially enabling central banks to cut interest rates. The recent U.S.-Iran peace deal has eased fears of supply disruptions in the Strait of Hormuz.
Topics: global stock markets interest rates oil prices U.S.-Iran peace deal