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MIDDLE EAST CONFLICT UPDATE
Middle East tensions push oil above $85, but equities show resilience on Trump's TACO tradeMiddle East tensions have pushed oil prices above eighty-five dollars a barrel. Indian equities declined moderately after recent geopolitic...- Saudi, Houthis edge towards war as Middle East conflict spills overSaudi Arabia and Yemen's Houthis are nearing renewed conflict after recent attacks. Houthi fighters claimed large-scale strikes on Saudi Ar...
- German yields hit 2-year high as Middle East conflict stokes inflation fearsGerman two-year bond yields reached their highest point since July 2024. This rise occurred as Middle East conflict fears boosted inflation...
- Global Market: European shares fall as US-Iran tensions rattle markets; BP gains, Ericsson slumpsEuropean shares fell at the open as escalating US-Iran tensions dented risk appetite, while investors assessed earnings from BP, Ericsson a...
- Dubai and Middle East flights disruption: US-Iran tensions keep airlines cautious as services gradually resumeDubai flights disruption: Middle East airspace is largely open, but airlines review operations due to renewed US-Iran tensions. Unresolved ...
- Global Market: Chinese stocks hit three-month lows as growth worries, Middle East tensions weighChinese and Hong Kong stocks fell to three-month lows on Tuesday. Investors grew cautious ahead of key economic data and Middle East tensio...
- Asian Paints hikes prices by 12% as West Asia conflict drives up costsAsian Paints has increased prices by approximately twelve percent to counter rising raw material costs. This significant price adjustment i...
- Global Market: Japan's Nikkei closes lower as oil price jump dims corporate outlookJapan's Nikkei share average closed lower as oil prices rose due to renewed Middle East conflict. Investors weighed the corporate outlook a...
- Dollar jumps on renewed Middle East attacks, Hormuz closureThe dollar strengthened against most currencies due to renewed Middle East conflict. This conflict fueled inflation fears and increased rat...
- Iran state media says explosion in eastern Tehran province was controlled ammunition disposalAn explosion heard in eastern Tehran province was explained by officials. The blast resulted from controlled disposal of war ammunition, st...
- US stocks today: US stocks open steady ahead of SK Hynix listing; Middle East in focusWall Street opened steady as investors tracked SK Hynix’s much-awaited Nasdaq debut and rising Middle East tensions. The Dow and S&P 500 ed...
- Global Market: IEA sees global oil demand recovering as Strait of Hormuz flows resumeGlobal oil demand is showing signs of recovery as shipments through the Strait of Hormuz resume and crude prices ease, the International En...
- Global Market: Geopolitical risks return to centre stage for ECB as inflation fears resurfaceFresh US-Iran hostilities have pushed the European Central Bank back to its inflation fight. Rising energy prices now threaten to reignite ...
- US Stock Market: Fed's Williams sees energy prices easing despite Middle East tensions, keeps options open on July rate decisionNew York Fed President John Williams said oil prices are likely to ease over the coming months despite renewed Middle East tensions, while ...
- Global Market: Japan wholesale inflation hits over three-year high, reinforcing BOJ rate hike expectationsJapan's wholesale inflation accelerated to its fastest pace in more than three years in June as companies passed on higher input costs driv...
- Asia growth improves but ADB warns of persistent headwindsAsian economic growth is projected at 4.9% for 2026, a slight improvement from earlier forecasts. Lingering Middle East conflict impacts co...
- IHH hospitals in India, Singapore saw fewer patients from Middle East due to warIHH Healthcare hospitals in India saw fewer patients from the UAE and Saudi Arabia. Singapore hospitals also faced impacts from the ongoing...
- Trump hails NATO unity, vows faster U.S. arms production as allies ramp up defence spendingPresident Trump noted strong NATO unity and pledged faster American defense production. European nations expressed eagerness for U.S. milit...
- IMF sees India among fastest-growing major economies despite trimming FY27 GDP growth projection to 6.4%India's economy is anticipated to expand by 6.4 percent in fiscal year 2026-27, bolstered by strong private consumption and active service ...
- Tata Motors PV shares in focus as Iran-US conflict impacts JLR volumes in Q1. What's ahead?Tata Motors' luxury arm, Jaguar Land Rover, saw a significant 15.3% drop in retail sales for Q1 FY27. Disruptions from the Middle East conf...
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