Asian Shares, US Futures Retreat and Oil Prices Surge After US Strike on Iranian Rocket Launchers
- Asian shares mostly declined and U.S. futures fell due to expectations of imminent U.S. Federal Reserve interest rate hikes following Fed Chairman Kevin Warsh's speech.
- Oil prices surged about 3% after a U.S. strike on Iranian rocket launchers near the Strait of Hormuz, marking significant U.S. military action after a month of absence.
- Asian markets including Tokyo's Nikkei 225, South Korea's Kospi, and Hong Kong's Hang Seng mostly fell, while the Shanghai Composite rose slightly.
- U.S. Treasury yields rose after Warsh's speech, with the two-year yield increasing to 4.35%, signaling market expectations for Federal Reserve rate hikes.
15 Articles
15 Articles
Associated Press News
Asian shares, US futures retreat and oil prices surge after US strike on Iranian rocket launchers
Shares are mostly lower in Asia and U.S. futures also have declined on expectations that the U.S. Federal Reserve may raise interest rates soon.
Oil prices surged more than 3% on Monday, driven by escalating military tensions between the United States and Iran. Washington launched an attack on two missile launch pads on Iran's Larak Island in the Strait of Hormuz, while Tehran retaliated by targeting US bases in the region. The conflict in the Middle East has now entered its sixth month. Brent crude futures rose by […] The post Oil Jumps, Gold Falls as Tensions Rise Between Washington a…
The US and Iran trade eased the price of oil. The US military attacked two Iranian missile launchers in the Strait of Hormuz, the first US attack after a pause of more than a month. Iran responded by firing missiles towards Jordan. Middle East, USA, Donald Trump, Geopolitics, Inflation, Security, Politics.
ASX 200 Dips as US Strikes on Iranian Rocket Launchers Rattle Markets Across the Asia Pacific Region
Australia's ASX 200 index fell due to U.S. military actions in the Middle East, impacting regional markets. Economic data and interest rate expectations also influenced trading sentiment.
Asian markets fell on Monday as the new military escalation between the US and Iran increased investor caution and reignited fears about the impact on the global economy and energy markets. In more detail, US stock futures fell early on Monday after the US struck Iranian missile launchers on the island of Larak, in the Strait of Hormuz, rekindling fears of a new escalation of the conflict. Dow Jones Industrial Average futures fell 155 points, or…
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