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Don't try to time the market during the Iran conflict, UBS tells investors
Global stocks rose for a third consecutive day on Wednesday as diplomatic signals between the United States and Iran offered some relief to rattled markets, but UBS is warning investors against reading too much into short-term moves and urging them to resist the temptation to trade around geopolitical events. The White House said it has been in productive talks with Tehran over recent days, with Iran signalling some willingness to negotiate, though the US's 15-point ceasefire proposal was initia
Global stocks rose for a third consecutive day on Wednesday as diplomatic signals between the United States and Iran offered some relief to rattled markets, but UBS is warning investors against reading too much into short-term moves and urging them to resist the temptation to trade around geopolitical events. The White House said it has been in productive talks with Tehran over recent days, with Iran signalling some willingness to negotiate, though the US's 15-point ceasefire proposal was initially rejected and fighting in the Middle East continues.