PANews, April 12th - According to Jinshi, Saxo Bank's Chief Investment Strategist Charu Chanana stated that the failure of the US-Iran negotiations is a setback. For the market, this means that the previous easing of tensions is likely to fade. Oil prices may rebound, risk sentiment will be dampened again, and the Strait of Hormuz, even if not completely closed, will remain a real choke point risk. However, given the significant differences in the two sides' positions on nuclear safeguards and the Strait of Hormuz issue, this is not surprising. For the US dollar, this means some renewed safe-haven support, but unless there is a new military escalation, it is unlikely to trigger a broad surge. Gold may benefit from renewed geopolitical hedging demand, but the market is not yet fully back to the worst-case inflation shock scenario. (Jinshi Data APP)
Analysts: Failure of US-Iran talks could cause oil prices to rise again, and risk sentiment may be further dampened.
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Author: PA一线
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