TAG: Iran
Geopolitics triggers a risk-off mood
Asia-Pacific markets Asia-Pacific markets slipped as traders weighed the impact of Iran's drone and missile attacks on Israel over the weekend and turned to safe haven assets. The USD index stayed firm, having already posted its biggest weekly gains since...
6 months ago
VIX hits 6-month high, indices tumble on IG's 24-hour market, oil jumps after Israeli attack on Iran
Indices According to two US officials, an Israeli missile hit Iran overnight, sending oil prices up and indices down on the IG-hour market. The volatility index set a fresh six-month high. Japanese CPI In Japan, headline consumer price index (CPI) fell to...
5 months ago
Iran-Israel conflict: Strait of Hormuz blockade could trigger Oil and LNG price surge, analysts warn
Analysts have warned that if Iran were to block the Strait of Hormuz, a vital passage for countries like India to import crude oil from Saudi Arabia, Iraq, and the UAE, both oil and LNG prices could soar, potentially leading to inflation spikes.The confli...
5 months ago
Geopolitical tensions ratcheting up in the Middle East. What’s next?
Overview Risk assets were spooked overnight, as geopolitical tensions were cast into the limelight with an attack on Israel by Iran. This is the second direct attack from Iran this year, with the latest move coming as a response to the killing of its Hezb...
2 weeks ago
FTSE 100 remains stable despite Middle East escalation but Nasdaq 100, S&P 500 drop
FTSE 100 range bound despite Middle East escalation The FTSE 100 continues to sideways trade above its 55-day simple moving average (SMA) at 8,258, which acts as minor support, but below last week’s high at 8,336 despite heightened tensions in the Mid...
2 weeks ago
Middle East crisis to have no immediate impact on India; may provide impetus to renewable energy transition: economists
India must accelerate its shift towards renewable energy despite the ongoing geopolitical crisis in the Middle East, according to Suma Chakrabarti, chair of the board of trustees at the Overseas Development Institute (ODI) and co-chair of the Emerging Mar...
1 week ago