Live Updates > Live Update Details
2026-04-09 13:59:47
[US-Iran ceasefire stabilizes market sentiment in the short term; focus recommended on energy-independent Latin American assets] (1) Anthony Kettle, Managing Director of RBC BlueBay Asset Management, said the two-week conditional US-Iran ceasefire should stabilize short-term market sentiment. Temporarily lower oil prices should alleviate inflationary pressures in fragile Asian economies and improve the fiscal situation of importing countries. (2) However, he advised against structural bets until the ceasefire proves to be lasting, and warned that even if peace is maintained, Middle Eastern energy exports will take time to return to normal. RBC BlueBay expects energy prices to remain significantly high this year. (3) Therefore, the firm recommends investors focus on sovereign nations and companies that can withstand or benefit from rising energy costs. The most confident trades are currently concentrated in Latin America, with a focus on assets that benefit from strong energy independence.
