ASML Leads Tech Rally in Slightly Higher AEX; Oil Price Rises Again After Middle East Ceasefire
5 Articles
5 Articles
The AEX is slightly higher around noon, supported by a recovery on the global markets and rising oil prices. Investors remain cautiously optimistic after the ceasefire between Iran and Israel and reassuring statements from Fed chairman Jerome Powell about the interest rate policy. In Amsterdam, chip funds such as ASML and Besi are attracting attention with strong price gains.
After the Israeli-Iran armistice we see the expected stock market rally: the Nasdaq on a closing price based on all-time high, there is optimism about soon falling interest rates – although yesterday Fed boss Powell made clear that the interest rates will not fall if Trump raises the tariffs further. Speaking of tariffs: the deadline on 9 July is approaching, the EU already seems to have [...] The post interest rates, Iran, tariffs: The euphoric…
The U.S. economy needs to keep the fragile ceasefire negotiated by President Donald Trump in the Middle East. If the break in the wars between Israel and Iran fail and the major hostilities are overdue, oil prices would probably be resuscitated. And the increase in gas prices is the last thing the American economy needs now. It is expected that inflation will rise in this summer due to the huge prices of Trump on imports. A oil shock would make …
These three factors led the market to anticipate a looser level of monetary restriction in the short and medium term.
After four sessions of decline, the Ibovespa ended the day up 0.45%, at 137,164 points, helped by two factors: the end of the Selic hike cycle and the announcement of a ceasefire between Iran and Israel, albeit partial. The commercial dollar rose again, after yesterday's drop, but the gain […]
Coverage Details
Bias Distribution
- 100% of the sources lean Right
To view factuality data please Upgrade to Premium