Insights

A temporary ceasefire between the US and Iran brought relief but also fresh uncertainty after US president Trump announced a Naval blockade. While it is too soon to say how this conflict ends, it is not too soon to start thinking about the longer-term implications for the world economy.

March has been a month of market mayhem, as war in the Persian Gulf has sent the price of oil surging. What are the implications for investors, and how should they respond?

Central banks at the frontline of policymaking face tough decisions in the months ahead. If they let the inflation genie out the bottle, it might be difficult to put back. However, overreacting to higher fuel prices could make the economic pain much worse, potentially unnecessarily so. Whichever direction this goes will matter for markets.