Iran, Israel
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EUR/USD extends its losses for the second successive session, trading around 1.1540 during the Asian hours on Monday. The pair depreciates as the US Dollar (USD) gains ground amid rising safe-haven demand as geopolitical tensions escalate in the Middle East.
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Despite not relying on Iran for its oil supplies, petrol and other prices in Australia will rise due to the global impact of the Israel–Iranian war.
U.S. stock futures experienced significant declines following Israel’s airstrike on Iran, with S&P 500 futures dropping approximately 1.6%.
Crude oil prices spiked over 10 percent on June 13, marking their steepest weekly rise since 2022 as Israel conducted strikes on key Iranian installations.
According VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, the impact on market will depend on how long the conflict lingers. In the near-term the market will be in a risk-off mode.
European Commission President Ursula von der Leyen and President Trump spoke on the phone Saturday ahead of the G-7 Summit in Canada next week. According to von der Leyen, the two discussed "the tense
Gold prices in Dubai have surged to near-record highs as tensions escalate between Israel and Iran, driving investors towards safe-haven assets. Check the latest rates and insights into the market impact of geopolitical instability.
What is the biggest US crypto news today? JPMorgan says an attack on Iran could spike oil prices to $120, driving US CPI inflation to 5%.
Israel's strike on Iran sparked turmoil in financial markets ... tumbled as markets digested the conflict and weighed the geopolitical risks on the macro outlook. Futures on all three benchmark ...