Banks Get Bullish on Private Credit

European stocks fell sharply after oil prices spiked following US President Donald Trump’s order of a blockade of the Strait of Hormuz. The move signals a major geopolitical shock that could disrupt crude flows and lift energy costs globally. Risk assets are likely to stay under pressure as markets price in higher supply risk and volatility.

Analysis

European stocks fell sharply after oil prices spiked following US President Donald Trump’s order of a blockade of the Strait of Hormuz. The move signals a major geopolitical shock that could disrupt crude flows and lift energy costs globally. Risk assets are likely to stay under pressure as markets price in higher supply risk and volatility.