Earnings season intertwined with geopolitical crises, the market reignites risk-averse sentiment

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ME News, April 13 (UTC+8): After Trump ordered a blockade of the Strait of Hormuz, crude oil prices surged, U.S. stock index futures fell, and the U.S. dollar strengthened. This escalation happened after the U.S. and Iran failed to reach an agreement in negotiations in Pakistan, which may disappoint investors. Elias Haddad, Global Market Strategy Director at Brown Brothers Harriman Bank, said this move is certain to reignite risk-averse sentiment again this week. Investors are watching the upcoming first-quarter earnings season, expecting corporate leadership to share their views on the growing risks. (Source: ChainCatcher)

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