AI market correction, Middle East tensions threaten global credit

PSX Update • Jul 29, 2026

Global credit markets are entering the second half of 2026 facing heightened short-term risks from a potential correction in AI-driven asset valuations and continued geopolitical uncertainty in the Middle East, Fitch Ratings said.

July 29, 2026 (MLN): Global credit markets are entering the second half of 2026 facing heightened short-term risks from a potential correction in AI-driven asset valuations and continued geopolitical uncertainty in the Middle East, Fitch Ratings said. The ratings agency said these risks are emerging against a backdrop of weakening US consumer momentum, renewed inflationary pressures following the energy shock in the...