Peace, Pricing, and Political Risk

In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, explores how a tentative Gulf peace deal could lower energy-price risks and support European credit markets, while still leaving uncertainty around oil flows, inflation, and supply-chain normalisation. Gordon also looks at soft European industrial production data and considers how UK political uncertainty, including a possible Andy Burnham path to prime minister, could affect the markets.