Stocks tumble, safe havens gain as Mideast war flares
Global stocks fell and the dollar rose as investors who have abandoned the more risky, seeking a safe being, seeking a safe being, about the possible entry of the US to the Israeli-Iranian Air War.
President Donald Trump predicted whether the US will participate in the bombardment of Israel’s Iranian nuclear areas and said to journalists outside the White House on Thursday.
Wall Street Journal reported that Trump has approved senior assistants’ attack plans in Iran, but continued to give the final order to see if Tehran would abandon his nuclear program.
In Europe, stocks fell on Thursday for a third day and the Stoxx 600 reduced approximately 2.5 percent during the week, and it was determined for the largest weekly decline since April’s tariff -based turmoil.
The US S&P 500 futures fell 0.6 percent, but most of the US markets, including the Wall Street and Treasury market, will be closed for an official holiday on Thursday.
“Market participants remain nervous and uncertain, K, Kyle Rodda, senior financial markets analyst at Capital.com.
Speculation was something that would intervene in the US, which would increase financially and invite the US direct retaliation against the US, ”he said.
“Such a scenario will increase the risk of a greater regional conflict with global energy supply and possibly economic growth effects.”
Most of the recent tension in the markets gathered around the raw supply shocks from the Middle East, which increased the price of crude oil by 11 percent in a week.
Brent Ham has increased by about one percent in a barrel close to the highest level since January and rose to $ 77.40.
Gold, which tends to fight when the dollar earned earnings, separated previous losses from an ounce of ounce of US $ 3,366.
The dollar itself rose broadly and the euro fell with a decrease of 0.7 percent of $ 0.1466 and Australia and the New Zealand dollar-with a decrease of 0.7 percent and a decrease.
One night, he gave some mixed signals to federal reserve markets. Trump’s dissatisfaction was too much, policy makers kept the rates fixed as expected, and this year they maintained projections to cut the two quarter points.
However, FED President Jerome Powell later received a cautious note of more relief, saying that he expects “meaningful” inflation as a result of Trump’s aggressive trade tariffs at the media conference.
Markets will now look at a number of central bank policies from Europe for possible catalysts.
The Swiss National Bank reduced interest rates to zero as expected, and the markets left Frank to drift because it was priced for a half -point deduction of approximately 20 percent.
Frank, a great beneficiary of the purchase of safe attachment this year, was the last fixed against the Euro in both 0.819 Franka and 0.9395 Frank.
The UK Bank is the next stage and the UK rates are expected to change.
On Wednesday, the data showed that inflation cools as expected in May, but food prices increased and policy makers will consider the potential impact from higher energy prices in the light of Israel-Iran War.
Sterling rose by 0.1 percent to $ 1,341.
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