UBS On-Air: Market Moves

US President Trump has suggested a de facto extension of the Gulf ceasefire (to Wednesday evening, US time) but no further extension. Markets are looking to Iran’s reaction to giver credibility to the idea of negotiations. Were the US to accept some version of former US President Obama’s deal with Iran, markets (already inclined to an optimistic interpretation) would probably react positively.

Financial markets ended last week on a high note on the hope that further ceasefire negotiations would bring a lasting end to the US-Iran war. Those hopes were at least temporarily dashed on Sunday, but investors do have the continuation of Q1 earnings season to distract them from the conflict. Jason Draho, Head of Asset Allocation Americas, joins to discuss this all, along with considerations for portfolio positioning. Host: Dan Cassidy

Markets are trading in a world where there is plenty of spin, statements, and speculation, but very little information of substance. US President Trump’s statements on the Gulf war on Friday triggered a wave of optimism in markets, happily anticipated by some oil traders. Statements from Iran and events over the weekend have reversed some of that optimism.

Ulrike Hoffmann-Burchardi, Chief Investment Officer Americas and Global Head of Equities, shares key takeaways from the 2026 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) in Washington, DC, including insights on the Middle East conflict, inflation, AI, cybersecurity, and the structural shifts shaping global markets.

Peter Wilke serves as Head of Tactical Asset Allocation at Northern Trust Asset Management. Peter shares his thoughts on the current market and macro environment, including geopolitical factors, and the road ahead for monetary policy. Plus, a look at how real assets, including gold, can play a role in a portfolio. Host: Daniel Cassidy