A roadmap to navigate political tensions

UBS
By January 20, 2020 13:00

A roadmap to navigate political tensions

Key Messages

1. Lessons from the US-Iran conflict. Last week, Iran executed its announced retaliation, firing missiles against US military bases in Iraq. Oil prices jumped 5% and S&P 500 futures pointed to a 1.7% lower start to the day in the immediate aftermath of the attack, but both reversed course after US President Donald Trump’s restrained press conference on 8 January, bolstering our view that …

UBS
By January 20, 2020 13:00

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