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macroJul 20, 2026, 6:42 AM

Deutsche Bank: Oil, Geopolitics, AI Doubts Weigh on Global Stocks

Deutsche Bank strategists note that rising oil and gas prices, escalating US-Iran tensions, and renewed skepticism over the AI trade are pressuring global equities.

Deutsche Bank strategists have highlighted that global stock markets are facing multiple headwinds. Rising oil and gas prices, coupled with intensifying US-Iran tensions, are adding to macroeconomic uncertainty.

At the same time, renewed doubts over the sustainability of the artificial intelligence trade are weighing on technology-related shares. The combination of geopolitical risk and sector-specific concerns is keeping risk appetite subdued across major equity indices.

Source: FXStreet Forex News