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| HSI1 | 25,915.20 | 0.00 | -- |
| HSCEI1 | 8,732.63 | 0.00 | -- |
| Back Zoom + Zoom - Block Traded | |
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J. Safra Sarasin Envisions Shipping Traffic in Hormuz to Resume Normal Soon
2026-04-23 14:56:44 Raphael Olszyna-Marzys, International Economist at J. Safra Sarasin Group, envisioned that shipping traffic in the Strait of Hormuz will soon return to normal. The bank noted that US President Donald Trump extended the ceasefire on April 21, reportedly to allow negotiations to continue. Financial markets generally expect shipping traffic in the Strait of Hormuz to normalize shortly. The bank's game theory model indicated that reaching a partial agreement to reopen the Strait would be most beneficial to both parties and remains its base case forecast. However, any miscalculation of intentions by either side before an agreement is reached could lead to further escalation of tensions. ~ AASTOCKS Financial News Website: www.aastocks.com | |