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Bangkok Post
Bangkok Post
Business

Volatility continues into August

United States Donald Trump BH Iran Oil Target True

Global stock markets faced volatility in July due to a number of factors, among them:

  • Renewed hostilities between the United States and Iran following the end of the ceasefire;
  • Rising oil prices, fuelling renewed concerns about inflation and the increased likelihood of a US interest rate increase in September;
  • Selling pressure on technology and artificial intelligence (AI) stocks due to concerns that higher costs will impact earnings;
  • The US announcing new tariffs on 60 countries.
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