Oil shock or short detour? Markets react to Middle East tensions episode artwork

EPISODE · Jul 9, 2026 · 11 MIN

Oil shock or short detour? Markets react to Middle East tensions

from Moving Markets · host Julius Baer

Market sentiment has weakened as renewed tensions in the Middle East have pushed oil prices and government bond yields higher. Spain’s benchmark equity index has come under additional pressure following President Trump’s threat to impose trade restrictions on the country. In this episode, Norbert Rücker, Head of Macro and Next Generation Research, joins us to discuss the latest surge in oil prices, the broader implications for inflation and whether the move reflects a lasting shift in the outlook or merely a temporary disruption.(00:00) - Introduction: Bernadette Anderko, Product & Investment Content (00:25) - Markets wrap-up: Roman Canziani, Head of Product & Investment Content (05:43) - Oil rallies on Trump declaration: Norbert Rücker, Head of Macro & Next Generation Research (10:44) - Closing remarks: Bernadette Anderko, Product & Investment Content Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

Episode metadata supplied by the publisher feed · Published Jul 9, 2026

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