Global House View and Investment Perspectives – June 2024

Equity markets receive boost from US-Iran deal

The week was marked by a de-escalation in geopolitical tensions as well as numerous central bank meetings.

Stocks buoyed by de-escalation in geopolitical tensions

Investors continued to focus on the situation in the Middle East, a main driver of market sentiment over the week.

US jobs report raises odds of Fed rate hike, pressuring equities

US equity markets logged weekly losses as tech-driven losses accelerated into Friday.