Week of 6 April - 10 April 2026 |  Shifting war realities affect markets

In this edition of Amundi's Weekly Market Directions: 

• An uncertain and volatile environment around US-Iran negotiations is affecting oil prices. Any sign of subsiding war risks would obviously be positive for the markets.
• What matters most for the economy is the flow of shipping traffic through the Strait of Hormuz.
• We think investors should avoid being carried away by excessive euphoria and stay focused on long- term convictions and diversification*.
 

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Monica Defend

Monica Defend

Head of Amundi Investment Institute

Oil price and equity movements over the past weeks suggest how quickly markets can shift from an overly pessimistic to an overly optimistic scenario and vice versa. This reinforces our view that investors should maintain long-term convictions and avoid areas of high concentration risks.

Monica Defend, Head of Amundi Investment Institute

Read the full weekly market directions

*Diversification does not guarantee a profit or protect against a loss. 

* Diversification does not guarantee a profit or protect against a loss.

Unless otherwise stated, all information contained in this document is from Amundi Asset Management S.A.S. and is as of 13 April 2026. Diversification does not guarantee a profit or protect against a loss. The views expressed regarding market and economic trends are those of the author and not necessarily Amundi Asset Management S.A.S. and are subject to change at any time based on market and other conditions, and there can be no assurance that countries, markets or sectors will perform as expected. These views should not be relied upon as investment advice, a security recommendation, or as an indication of trading for any Amundi product. This material does not constitute an offer or solicitation to buy or sell any security, fund units or services. Investment involves risks, including market, political, liquidity and currency risks. Past performance is not a guarantee or indicative of future results.
 

Date of first use: 13 April 2026

Doc ID: 5383655