EUR/USD
1.17312
-0.712%
Gold
5383.31
2.280%
Oil
72.049
7.256%
USD/JPY
157.010
0.537%
GBP/USD
1.34117
-0.484%
GBP/JPY
210.582
0.051%
Real-time News
March 2nd - Morgan Stanley strategists believe that unless oil prices experience a sharp and sustained surge, the ongoing conflicts in Iran and the Middle East are unlikely to shake their bullish view on U.S. equities. In a report, the team led by Mike Wilson cited the average performance of the S&P 500 in the months following past geopolitical risk events, noting that such events have historically not led to sustained volatility in U.S. stocks. The strategists stated that, regarding the latest Iranian conflict, the bearish argument stems from the significant and sustained rise in oil prices, which could undermine what they perceive as a strengthening business cycle. They wrote, "Unless oil prices surge and remain high in a historically significant manner, recent events are unlikely to change our bullish view on U.S. equities over the next 6 to 12 months." For Wilson, the healthcare sector remains the preferred defensive sector, as cheap valuations, improving earnings, and fading policy shadows help attract broader investor interest.March 2 - The International Organization for Standardization (ISO) recently officially released the "Road Vehicle Headlight Beam Positioning Measurement Procedure". This standard is the first international standard that systematically covers the beam positioning measurement procedure for intelligent vehicle lights, and it was revised under the leadership of my country.An Iranian missile struck Beersheba, Israel, injuring 15 people.ECB Governing Council member Winsch: If oil prices continue to rise, the ECB will have to reassess the situation.ECB Governing Council member Winsch: My first reaction is to look at the situation in the Middle East from a long-term perspective.
