Summary

• Markets are gripped by uncertainty, and with no signs of clear progress in the negotiations, participants are in a wait-and-see stance.
• The more time goes, the more oil prices have the chances to grind higher, pressured by the lack of concrete diplomatic advances. Still, as long as the commodity remains below $100, widespread panic is to be avoided.
• Tech investors continue to absolutely dominate the picture as the sector gets a much softer influence from Middle East conflicts.
• FX remains stuck. For those looking for action, in case the action remains dull next week, look for minor FX pairs.

By Elior Manier

Another day, another desperate wait for any sign of peace in the Middle East.

Markets are gripped by uncertainty, and with no signs of clear progress in the negotiations, participants are in a wait-and-see

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