PoliticsPhoto: CaixaBank ResearchGeopolitics and Fiscal Policy Impact Global Financial Markets
Global financial markets were influenced by the ongoing conflict in Iran and concerns over long-term fiscal sustainability. Central banks continued raising interest rates but softened their tone by month-end. Sovereign debt yields rose sharply and spreads widened in the euro area. The Fed's tightening boosted the dollar, while France's political crisis pressured the euro.
CaixaBank Research·


