Mixed reaction to extended Middle East ceasefire
Markets are navigating a fragile calm. The Middle East ceasefire extension isn’t enough to anchor sentiment, as oil volatility persists and uncertainty around supply dynamics lingers. Yet, despite rising energy prices, the US consumer refuses to crack—fueling higher yields and pushing back rate cut expectations.
Across assets, conviction is thin: equities are mixed, the dollar is losing momentum, and investors are increasingly focused on what comes next. With earnings season kicking off, all eyes turn to Tesla—not for the numbers, but for its AI narrative and long-term growth story.
Is this just noise… or the start of something bigger?
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