Episode
UBS On-Air: Paul Donovan Daily Audio 'War and trade war costs'
- Podcast
- UBS On-Air: Market Moves
- Published
- Jun 2, 2026
- Duration seconds
- 174
- Processing state
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Summary
Another day, another round of Gulf war stories—the latest originated from semi-official Iranian sources, so markets took them more seriously. Iran’s apparent suspension of negotiations with the US prompted US President Trump to attempt a ceasefire between Israel and Hezbollah. Market opinions differ as to the terms and effectiveness of this.