Lates News

JP Morgan's global market strategist Kyle Craig, based in Melbourne, stated, "The market is currently experiencing volatility due to the events in the Middle East, so the overall tone is positive. However, the current challenge lies in... There are still many unknown factors regarding the direction of this matter and whether a substantive ceasefire agreement can be reached." Mark Verlan, investment director at Singapore-based Lucerne Asset Management, stated, "Currently, the market seems to be reacting rather than predicting. I believe that the price trend will still be fragile until the positions of the US and Iran become clearer. People are reluctant to follow those volatile movements driven solely by headline news and that could quickly reverse."