ING Netherlands: Middle Eastern news remains a market-driving factor

Golden Finance reports that analysts at a Dutch bank said in a report that the market continues to fall into a loop of news-driven speculation, driven by fluctuating expectations about the likelihood that the United States and Iran may reach an agreement in the short term to reopen the Strait of Hormuz. “We have been trying to see through the noise of everyday news,” they said. They said the Dutch bank analysts did not offer an opinion on when an agreement might be reached, but instead focused their baseline scenario on the outcome—namely, when energy supplies might fully return to normal, allowing prices to continue falling.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned