Israel’s struggle with Iran sends tremors across the markets

On Friday, Israeli air strikes in Iran sent an echo through financial markets.

Oil prices He jumped on the fears of Iran, the world The ninth is the largest oil producer In 2023, it will be disabled.

Prices goldThe strong shelter in times of crisis. Investors flow to the precious metal amid uncertainty because it is a stable store for the value that is often resistant to external shocks, such as inflation or geopolitical conflicts.

and dollar It is strengthened, as it will not do when the world looks ugly. I remember the dollar smile: Greenback will be estimated when things are really good because investors want to be on the origins of risk in the United States, or when they are really bad because investors want to enter into the safety of US government bonds.

The fact that the dollar has increased the value against other currencies traditionally seen as safe havens, such as Swiss franc and Japanese yenEmphasizing the priority of King Dollar, though Grumbling to Canceling the vanishing And more fears US government debts.

The stocks, the assets of the financial risks they embody, have decreased across the world in the world.

Although markets that offer multiple indicators, we enter a period of ugliness – or, at least, fluctuations – American stocks still look flexible, and the rise in oil prices only brings us back to where they were about three months ago where prices have been low since then, Michael Santoli from CNBC books.

Indeed, the markets often ignored Russia’s invasion of Ukraine and the Israeli war, and both of them are still brewing. But as the conflict between Israel and Iran continues in its early days, it may push to be additional caution in the coming weeks.

Israel strikes Iran
On Sunday, Israel launched a series of air strikes throughout Iran. This represents The third day of violence between the two countries. Armed conflict broke out when Israel Nuclear facilities in Iran were struck early Friday local time. In revenge, Iran has launched more than 100 drones towards Israeli territory. These events may only be The beginning in a quick course of escalationAccording to regional analysts.

Arrows decline worldwide
I took care of futures contracts Sunday night local time. Friday, fears of a wider conflict in the Middle East Send the shares less. the S & P 500 It lost 1.13 %, and Dow Jon’s industrial average 1.79 % decrease and Nasdak 1.3 % fell. Europe Stoxx 600 index 0.89 % decreased. Travel shares and airlines fell on both sides of the Atlantic Ocean, where expectations of international travel grew clouds and airlines Hanging their trips Tel Aviv.

Assets of safe haven in the request
Investors accumulated in the safe armed assets after Israel’s attack on Iran. after Weeks declineThe dollar index, measure the power of the US dollar against other major currencies, Gloss 0.3 % Friday It was 0.1 % of 7:30 am Singapore time Monday. Immediate gold increased by 0.38 % and golden futures for August delivery by 0.41 % on Monday, increasing Friday’s gains by 1.4 % and 1.5 %, respectively.

Prices of the oil jump
Oil prices rose While investors were afraid to disrupt oil supplies from Iran, which produced 3.305 million barrels per day in April, according to the monthly oil market report in OPEC in May. As of Monday morning, Singapore, United States crude oil 2.22 % rose to $ 74.62 a barrel, adding to 7.26 % jump on Friday. The global standard Brent 2.22 % increased to $ 75.88 a barrel, after an increase on Friday 7.02 %.

(Pro) American stocks still look flexible
Although the shares fell on the eruption of the conflict between Israel and Iran, The market seemed flexibleMichael Santoli wrote from CNBC. This week, while hostilities between the two countries in the Middle East will continue to influence the minds of investors, they should not be absent from Federal Reserve Definition MeetingWhich concludes Wednesday.