Research

Monthly Outlook: Waiting

29 April 2026 16:41 RaboResearch

As the conflict between the United States and Iran approaches its two-month mark, financial markets are still grappling with the implications. The ceasefire currently in place –conditional on reopening the Strait of Hormuz to enable negotiations– has reduced immediate tail risks, but it has not resolved the underlying standoff.

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Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more