Markets may stay range-bound until Iran-US talks progress, says Allspring's Prashant Paroda
CNBC-TV18 1 hr ago·8 Sept 2026, 3:41 am
Global equity markets are likely to remain in a holding pattern as investors wait for clarity on the geopolitical situation in the Middle East. With tensions in the Strait of Hormuz creating uncertainty, markets may struggle to find a clear direction until diplomatic talks between Iran and the US yield results.
This uncertainty is also pressuring oil prices, which can impact inflation and corporate margins. Additionally, investors are closely watching the US Federal Reserve for any signals on interest rates, particularly ahead of upcoming elections. Market participants will be looking for signs that the Fed will prioritize economic stability over politically sensitive moves.
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- Category: Economy.
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