Morning brief: global markets eye Hormuz as geopolitical risks persist
Global markets showed resilience on Monday, choosing to look beyond escalating tensions in the Middle East and instead focus on hopes for a deal that could keep shipping routes open through the Strait of Hormuz. Markets traded thinly but remained relatively
Nikkei 225 Index flashes a cup-and-handle, pointing to a surge to ¥60k
The Nikkei 225 Index held steady at a crucial resistance level on Monday as investors waited for the upcoming talks between the US and Iran. It was trading at 59,045 yen, slightly below the year-to-date high of 59,519, with technicals
US equities hit peaks ahead of heavy earnings calendar
Investors are turning their attention to a heavy week of US corporate earnings after a sharp rebound in equities pushed major indexes to record highs. The rally comes despite ongoing geopolitical tensions, with markets appearing to move past earlier concerns tied