Deutsche Bank's Survey on Iran War - FJElite
An overwhelming 75% believe the Iran conflict will now largely fade as a market driver into year-end, albeit with occasional volatility. With the 13% who think it will completely fade as a factor that makes 88% who are reasonably sanguine about events in the Middle East. Just 12% think it will return as a big negative driver.
The more sanguine view on Iran has also led investors to dial down expectations of higher oil prices. A majority of respondents now think Brent will stay between $70-80/bbl for the remainder of the year. Compare that to April, when Brent peaked at ~$118/bbl.
