This week’s financial markets resembled a high-stakes juggling act, with traders scrambling to balance dynamic Middle East developments against a central banking circus that would make any ringmaster dizzy.
Oil prices took traders on a wild ride, plummeting from the mid-$76s to $70 on Monday’s peace hopes before rocketing back toward $76 as Israel-Iran tensions simmered. Trump’s announcement of a two-week decision deadline on potential U.S. involvement finally gave the bulls room to breathe.
Meanwhile, central banks seemed determined to outdo each other’s surprises. The Fed toned down rate cut expectations, Switzerland slashed rates to zero, and ECB members signaled a potential pause in cuts ahead.
The result? Traditional playbooks got tossed out the window as safe-haven flows scrambled and traders questioned everything they thought they knew.
Let’s check out the market headlines and break down the price action from this week!
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