Investors are being urged to respond “only to verified facts” in the face of further Middle East volatility, with equity and bond markets experiencing wild swings yesterday (23 March).
Global stocks tumbled yesterday morning following US and Iranian threats to carry out more strikes on energy infrastructure, with the FTSE 100 down 1.4%, France's CAC 40 dropping 1.7% and S&P 500 futures sinking 0.6%, according to data from MarketWatch. Yields on UK 10-Year and 30-Year gilts also soared to over 5% and 5.7%, respectively. However, after US President Donald Trump's announcement earlier today of a postponement of strikes for a five-day period following "productive conversations" with the Iranian regime, markets rose sharply, with the FTSE 100 recovering to trade 0.5% hig...
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