Energy Markets
Investors ponder Iran risks as they wiggle between oil and shares
Investors awaited a possible Iranian retaliation following U.S. strikes on Iran's nuclear sites. The fallout could have a negative impact on global trade and inflation. The markets remained calm, with the dollar receiving a modest bid as a safe-haven and no signs of a rush towards bonds. Oil prices rose just 0.4% after having risen as high as 5.7% overnight. Paul Jackson, Invesco’s global head for asset allocation research said: "If you keep your head while others around you lose theirs, you may not understand the situation." He said that time would tell whether a lack in market reaction was...