Investment Weekly
Chart of the week – Tracking Hormuz traffic
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Geopolitical risk premiums compressed, and markets rallied this week after the news of the US/Iran ceasefire. But what should investors be watching now? Three signals will decide whether the bounce holds: a sustained rise in vessel crossings through the Strait of Hormuz, a flattening oil futures curve as supply stress eases, and a shift in rate expectations as central banks gain confidence to look through the energy shock. If any one stalls, sentiment can turn quickly.
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