Trading Day: A peace wish and chips

Orientul Mijlociu

ORLANDO, Florida, May 6 : Hopes that a U.S.-Iran peace deal might be imminent propelled global stocks to new highs and sent oil prices tumbling on Wednesday, with the U.S. AI frenzy intensifying on strong earnings and reports of mega spending commitments in the sector. In my column today, I look at the remarkable resilience of emerging markets to the global energy shock - EM stocks are at a record high, and bond spreads are the tightest in over a decade. If a peace deal in the Middle East is

Trading Day: A peace wish and chips https://www.channelnewsasia.com/ - 01:18

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Trading Day: A peace wish and chips https://www.channelnewsasia.com/ - 01:18