EURO PACIFIC
Global Market Today: Oil jumps, stocks wobble as Mideast ceasefire hangs in the balance
Middle East tensions sent oil prices soaring and stock markets wavering as shipping through the Strait of Hormuz slowed to a crawl. Despite a fragile ceasefire, Iran's vow of retaliation after a U.S. ship seizure has heightened concerns. While traders hope for a resolution, the immediate focus remains on the critical chokepoint and its impact on global supply and inflation.
GIFT Nifty signals a positive start; here’s the trading setup for the day
Going forward, the 24,250–24,300 zone is likely to act as a crucial resistance band. A decisive move above this range could trigger a rally towards 24,750–24,800. On the other hand, failure to break above 24,300 convincingly may lead to renewed selling pressure in the market.
Global Markets: Stocks gain, oil and dollar retreat on hopes for US-Iran resolution
Asian stocks rose as the U.S. indicated ongoing dialogue with Iran for a deal, despite port blockades. Oil prices and the dollar declined as market sentiment favored diplomacy over supply disruption fears. Investors are trading on hope for an agreement, pushing equities higher for now.
Rutte the 'Trump whisperer' faces a fresh test as Trump turns on NATO over Iran
NATO Secretary-General Mark Rutte faces Donald Trump's frustration regarding the U.S.-Israel war on Iran. Trump criticises allies and questions NATO's relevance. Rutte, known as a 'Trump whisperer', works to maintain U.S. involvement in the alliance. The war itself is outside NATO's operational scope. Rutte emphasises NATO's defensive role and its focus on its own territory.
Global Market Today: Asian stocks turn cautious as reality intrudes in Gulf
Asian markets are subdued as a fragile Gulf ceasefire shows signs of breaking. Oil prices are rising again, signaling prolonged inflation. Investors are cautious as the Strait of Hormuz remains under threat. This instability impacts global markets, with oil futures seeing an uptick. Inflationary pressures are expected to persist, influencing central bank decisions on interest rates.
Iran war impact on flight fares: Your air travel is getting costlier, here is how
Iran war update: United Airlines, American Airlines, Delta Airlines, Frontier Airlines are taking various measures as jet fuel surges due to ongoing conflict in the western Asia.
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GIFT Nifty down 80 points; here's the trading setup for today's session
Indian stock markets continued their upward trend for a third day. Analysts suggest further gains are possible if the market surpasses Monday's high. A failure to do so could lead to a period of consolidation. The India VIX, a fear gauge, saw a slight decrease. Foreign investors were net sellers, while domestic investors bought shares.
Global market today | Asian stocks slide, dollar advances after Trump speech on Iran war
Global markets reacted to President Trump's remarks on the Iran conflict, with stocks falling and the dollar firming as oil prices rose. While "core strategic objectives" were nearing completion, the prospect of an end to the war was overshadowed by threats of further strikes, impacting Asian economies reliant on the Strait of Hormuz.
What is a Super El Nino? How will it influence the global weather — Intensity and impact
Talk of a ‘Super El Nino’ has sparked global concern, but scientists caution that while warming in the Pacific is likely, the intensity and impacts remain uncertain.
Global Market Today | Brent crude set for record monthly gain; shares tentative as Iran war rages
Global markets faced a tumultuous month as Middle East tensions fueled fears of rising inflation and slower growth. Oil prices surged to record highs, while Asian shares plunged. Bonds declined significantly due to hawkish interest rate outlooks, and the dollar strengthened. Investors are increasingly concerned about a prolonged conflict.
Global Market Today | Stocks dive in Asia, brent crude heads for record monthly rise
Asian markets tumbled as investors braced for a prolonged Gulf conflict, driving oil prices to record monthly gains and fueling global inflation fears. President Trump's remarks on potential U.S. actions against Iran's oil exports added to market jitters, while Pakistan prepared for peace talks. The conflict's impact on energy and commodity prices is expected to persist, pressuring economies worldwide.
Global Markets | Asian stocks pare losses as oil prices dip, Wall Street futures rise
Asian markets saw a slight recovery as oil prices dipped following a delayed deadline in the Middle East conflict. Despite President Trump extending his ultimatum, concerns over potential ground conflict and the Strait of Hormuz's reopening persist. Global bond yields surged amid rising inflation fears, with central banks signaling interest rate hikes.
Global Market Today: Asian shares rally, oil retreats as Trump extends Iran ultimatum
Markets were taken on a rollercoaster ride at the start of the week after Trump added five days to his Saturday ultimatum for Iran to reopen the Strait of Hormuz within 48 hours, citing productive talks with unidentified Iranian officials, which Tehran has denied.
Price hikes, outlook cuts - What airlines are doing as fuel costs surge
A sharp surge in jet fuel prices, attributed to the U.S.-Israeli war on Iran, is significantly impacting the global aviation industry. Airlines worldwide are responding by increasing ticket fares and fuel surcharges, while some are revising financial forecasts and cutting unprofitable flights due to soaring operating expenses.
Currency markets drift ahead of RBA meeting as oil uncertainty weighs
The U.S. dollar saw little change as traders assessed the Iran war's impact, while the Australian dollar dipped ahead of an expected rate hike. Concerns over inflation, fueled by surging oil prices, have lifted the dollar against most currencies, with markets anticipating central bank responses to the ongoing crisis.
Global Market: Energy market turmoil forces policymakers to reassess inflation outlook
Global financial markets are shaken by the Middle East war. Energy prices are soaring, reviving inflation fears. Central banks worldwide are meeting to decide their next moves. Policymakers face a tough challenge balancing economic growth with rising inflation. Investors are watching closely for signals on future interest rate policies.
Global Market Today | Asia shares wary, oil volatile as war drags on
Asian markets are cautious as Gulf hostilities keep oil prices high, impacting inflation outlooks and likely leading central banks to pause policy hikes. Hopes for de-escalation emerge with reports of a potential coalition to escort ships through the Strait of Hormuz. Policymakers face elevated energy prices and a potential economic slowdown.
Jet fuel prices are rising. That could make summer flights more expensive
Jet fuel prices are soaring due to Middle East conflict, impacting global oil supplies. Airlines face rising costs, signaling potential airfare hikes for travelers. Long-haul international flights may see the biggest increases. Some airlines have already announced fare adjustments. Travelers are advised to book early and stay flexible to manage costs.
Fuel shock hits aviation: airlines hike fares, slash forecasts
Global airlines are raising ticket prices and adjusting financial forecasts due to a sharp increase in jet fuel costs. The price of jet fuel has significantly climbed, impacting airline operating expenses. Carriers like Aegean Airlines, Air France-KLM, and Cathay Pacific Airways are implementing fare hikes and fuel surcharges to manage these rising costs.
Oil tops $100 as fresh Iran attacks offset stockpiles release
Oil prices soared Thursday, briefly trading above $100, and stock markets extended losses as fresh attacks against Gulf energy targets offset the release of crude reserves by major economies.
Central bank gold run crashed 80% in January. Pause or reversal?
Central banks bought significantly less gold in January compared to last year. This slowdown follows years of strong accumulation. Analysts believe this is a temporary pause, not a shift away from gold. Geopolitical risks and diversification strategies are expected to keep central banks interested in gold. Uzbekistan and China were notable buyers, while Russia was a seller.
China's cheap money is shaking $9.5 trillion global loan market
Chinese financial institutions are carving out a significant foothold in global lending markets. With their ability to provide more affordable credit options, they are attracting desirable borrowers away from established international banks. This shift has been fueled by China's easing monetary policies and a fall in domestic demand.
Why are oil, gas and aluminium prices and shipping costs rising now, and will Iran continue to target oil infra in Oman, UAE, Saudi Arabia, Qatar and other Middle East nations after closing Strait of Hormuz?
Why are oil, gas and aluminium prices and shipping costs rising now, and will Iran continue to target oil infrastructure in Oman, UAE, Saudi Arabia, Qatar and other Middle East nations after closing Strait of Hormuz? Global energy and metals markets are reacting to the effective closure of the Strait of Hormuz, drone strikes on oil facilities, LNG production halts in Qatar, refinery shutdowns in Saudi Arabia, tanker attacks near Oman, surging freight rates, rising Brent and WTI crude prices, sharp gains in European and Asian gas benchmarks, and supply fears across aluminium and other metals.
Travel stocks tumble as US-Iran conflict sparks worst disruption since pandemic
Escalating Middle East conflict has grounded thousands of flights globally, forcing major hubs like Dubai and Doha to shut down. Airlines are facing massive disruptions, with significant drops in stock values and soaring oil prices impacting operations. Passengers worldwide are stranded, scrambling for alternative routes as the aviation sector grapples with its biggest challenge since the pandemic.
Travel stocks tumble as US-Iran conflict sparks worst disruption since pandemic
Dubai, the world's busiest international hub, and Doha remained shut for a third day, leaving tens of thousands of passengers stranded as aviation faced its biggest test since the COVID pandemic. Jordan on Monday became the latest country in the region to partially close its airspace.
Global Market Today | Oil prices surge, stocks skid in flight from risk
Middle East conflict escalates, pushing oil prices sharply higher and triggering a sell-off in global shares. Investors seek refuge in the dollar, gold, and bonds as the Strait of Hormuz faces potential disruption. The prolonged conflict risks reigniting inflation and dampening economic demand worldwide.
Global Market Today: Asian shares hesitant, dollar slips amid tariff confusion
Asian markets and the dollar showed hesitation as investors awaited clarity on U.S. tariffs, following President Trump's shifting announcements. Tech stocks face scrutiny with Nvidia's earnings this week, while oil prices eased ahead of U.S.-Iran talks amid lingering strike risks.
Dollar perks up as Fed appears in no rush to cut rates
The dollar strengthened as Federal Reserve minutes revealed policymakers are in no hurry to cut interest rates, with some even open to hikes if inflation persists. This cautious stance boosted U.S. yields and weakened currencies like the euro and yen. Markets now await key economic data releases.
EuroPacific Growth trims stake in Tech Mahindra by 2.41 percent
EuroPacific Growth Fund sold 2.34 crore shares in the company during the period.
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