US EditionGovernments Act as Middle East Conflict Roils Markets
- On March 9, share markets slid as Brent jumped 17 to $108.77 and U.S. crude rose 18% to $107.56, prompting liquidity flows into the dollar.
- Shipping disruption and leadership change in Iran have raised concerns as tankers avoid the Strait of Hormuz, with Iran naming Mojtaba Khamenei as successor to Ali Khamenei.
- EUROSTOXX 50 futures slid 2.5%, DAX futures fell 2.5%, Wall Street futures dropped with S&P 500 down 1.8% and Nasdaq 2.1%, while 10-year Treasury note yields rose to 4.189%.
- The Fed's preferred core inflation measure is due on Friday and is forecast to hold at 3.0, with interest-rate futures slipping amid inflation fears, complicating policy paths.
- Vishnu Varathan warned that Asia takes the brunt of the sharp escalation in oil prices, with the dollar firmed 0.4 per cent to 158.45 yen and gold fell 2.4 per cent to $5,047 an ounce.
36 Articles
36 Articles
The International Monetary Fund (IMF) has recommended that governments of countries prepare for the unthinkable in the context of the new crisis that strikes the economy...
International Monetary Fund Managing Director Kristalina Georgieva warned governments around the world this Monday that they must prepare for extreme scenarios in an increasingly unstable international context, marked by geopolitical conflicts such as the one shaking the Middle East, energy tensions and a succession of crises that test the resilience of the global economy.
Investors raise the risk premium and improve their inflation prospects because of the high oil prices
As the conflict in the Middle East continues and the price of key energy resources increases rapidly, Lithuanian industry is awaiting the urgent state aid solutions promised last week, which will help maintain competitiveness.
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