Deutsche Bank reviews performance of Oil, bonds, European equities and precious metals from late February to last Friday during the conflict. The bank notes Oil and AI-related trades surged, while bonds, most European equities and precious metals fell. It adds that today’s combination of lower Oil and bond yields with rising equities and precious metals fits this broader context.
Conflict drives divergent asset moves
“After numerous false dawns, a deal has finally been struck.”
“The story is largely self-explanatory: a fascinating interplay saw oil and AI-related trades soar, while bonds, most European equities, and precious metals experienced declines.”
“This context makes this morning’s market reaction—falling oil and bond yields alongside rallying equities and precious metals—perfectly understandable.”
“All eyes are now on Anthropic and the US government to see what agreements emerge.”
“Assuming the US/Iran deal is signed and no notable setbacks occur in the 60-day negotiating period for broader issues, then AI will undoubtedly reclaim its position as the dominant market narrative.”
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)