Global stock markets fell on Friday after U.S. President Donald Trump extended a deadline for Iran to reopen the Strait of Hormuz, a move that failed to calm oil prices or government bond markets. The development spurred risk-off positioning, leaving oil prices elevated and weighing on sovereign bonds and equity markets.
Global stock markets fell on Friday after U.S. President Donald Trump extended a deadline for Iran to reopen the Strait of Hormuz, a move that failed to calm oil prices or government bond markets. The development spurred risk-off positioning, leaving oil prices elevated and weighing on sovereign bonds and equity markets.
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mildly negative
Sentiment Score
-0.30