Stock markets fall amid tensions in Iran and the tech sector| Eurizon Weekly

The week was marked by greater caution in the markets due to tensions in the Middle East and the potential risks to energy flows through the Strait of Hormuz. Oil prices rose without reaching alarming levels, whilst the euro-dollar exchange rate remained stable. The major stock markets closed lower, with weaker performances in Europe and emerging markets, while profit-taking in the technology sector was the main factor in the United States. In the bond market, lower-than-expected US inflation resulted in a slight fall in yields, although geopolitical tensions continue to fuel inflationary concerns. Investors therefore remain focused on geopolitical developments and the next moves of the central banks. Let's take a closer look with Andrea Conti, Head of Macro Markets Analysis at Eurizon. Audio recorded on 20.07.2026. Stay up to date with the latest trends and outlooks in financial markets through Eurizon’s analysis and insights: https://www.eurizoncapital.com/en/market-insights Before listening, please read the warnings outlined on the following page: https://www.eurizoncapital.com/en/video/promo/disclaimer