# From ceasefire relief to risk‑off reality

Page: https://stenobird.com/podcast/moving-markets-5478198/from-ceasefire-relief-to-risk-off-reality
Text version: https://stenobird.com/podcast/moving-markets-5478198/from-ceasefire-relief-to-risk-off-reality.md
Podcast: [Moving Markets](https://stenobird.com/podcast/moving-markets-5478198)
Published: 2026-04-13T06:40:31+00:00
Episode link: https://share.transistor.fm/s/18bc90db
Audio file: https://media.transistor.fm/18bc90db/435aadbd.mp3
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JSON: https://stenobird.com/v1/public/podcasts/moving-markets-5478198/episodes/from-ceasefire-relief-to-risk-off-reality
Duration seconds: 575

## Resource

Last week’s market rally was driven by ceasefire optimism and a sharp drop in oil prices, lifting equities despite growing signs of economic strain and energy‑led inflation pressures, although US core inflation in March (excluding energy) remained contained. Over the weekend, geopolitical risks moved back to centre stage as failed US–Iran talks and an effective embargo on Iranian oil pushed energy prices higher, shifting markets into a cautious risk‑off stance. The earnings season begins in earnest today, with results set to test whether corporate profits can withstand rising costs and heightened uncertainty. Notable companies reporting today include LVMH and Goldman Sachs. Mensur Pocinci, Head of Technical Analysis, highlights an improvement in market breadth in US equities, and explains why semiconductor stocks are in favour. (00:00) - Introduction: Bernadette Anderko, Product & Investment Content (00:41) - Markets wrap-up: Mike Rauber, Product & Investment Content (06:39) - Technical Analysis update: Mensur Pocinci, Head of Technical Analysis (08:52) - Closing remarks: Bernadette Anderko, Product & Investment Content Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

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## Transcript

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