Global markets between Iran and America Negotiations and artificial intelligence fever ▫ In recent days, the global stock markets have once again been caught between two different forces: the hope to reduce geopolitical tensions and doubts about the return of heavy investments in artificial intelligence. ▫ The news about the possibility of renewing negotiations between the US and Iran changed the course of trading on Wall Street and caused the return of the main American indices to positive territory after a negative start. The Dow Jones index went up, the S&P went up and the Nasdaq was almost unchanged. ▫ In the energy market, the diplomatic news reduced some of the concerns about oil supply disruptions, but geopolitical risks still remain. ▫ Continued high energy prices may intensify inflation and limit the central banks' room for maneuver to lower interest rates; a factor that directly affects stock valuations.

Global markets between Iran and America Negotiations and artificial intelligence fever ▫ In recent days, the global stock markets have once again been caught between two different forces: the hope to reduce geopolitical tensions and doubts about the return of heavy investments in artificial intelligence. ▫ The news about the possibility of renewing negotiations between the US and Iran changed the course of trading on Wall Street and caused the return of the main American indices to positive territory after a negative start. The Dow Jones index went up, the S&P went up and the Nasdaq was almost unchanged. ▫ In the energy market, the diplomatic news reduced some of the concerns about oil supply disruptions, but geopolitical risks still remain. ▫ Continued high energy prices may intensify inflation and limit the central banks' room for maneuver to lower interest rates; a factor that directly affects stock valuations.