Global markets tumbled as escalating US-Iran tensions and prolonged Israeli conflict sent oil prices soaring. Asian shares and futures dipped, with investors bracing for weeks of fighting. This inflationary shock has extinguished hopes for rate cuts, pushing central banks towards hikes and hammering bonds. The dollar strengthened as a safe haven.
Stay disciplined in ‘Tempest’ markets; rebalance portfolios, says Jayesh Faria of Motilal Oswal Private Wealth
Global markets are experiencing a ‘Tempest’ phase due to geopolitical tensions and rising oil prices, leading to heightened volatility. Experts advise investors to remain disciplined,