No quick end to conflict, global markets to stay on edge: Adrian Mowat

Synopsis Global markets are experiencing volatility due to shifting geopolitical developments, particularly concerning the US and Iran. Oil prices have surged, reflecting supply disruption fears, while India faces risks from oil costs and AI’s impact on its IT sector. Bond markets are also adjusting to potential US rate hikes. Global financial markets remain gripped by volatility as rapidly shifting geopolitical developments continue to unsettle investor sentiment. Hopes of a quick resolution between the United States and Iran have been tempered by conflicting signals, leaving markets struggling to find direction. A brief relief rally faded almost as quickly as it appeared,…