[MARKET UPDATE] Amidst the ongoing tempering of optimism around US-Iran progress, from both the Iranian and US side, Brent lifts comfortably back above USD 100/bbl, while stocks and fixed slip from highs

The news highlights a cooling in optimism regarding US-Iran negotiations, prompting a rebound in Brent crude prices above $100 per barrel.

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[MARKET UPDATE] Amidst the ongoing tempering of optimism around US-Iran progress, from both the Iranian and US side, Brent lifts comfortably back above USD 100/bbl, while stocks and fixed slip from highs

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This shift can indicate increased geopolitical risk, leading to higher oil prices while concurrently pressuring equities and fixed income due to potential inflationary concerns and uncertainty in global markets.

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