US EditionStocks down with eyes on Mideast, dollar hit by Trump Fed comment
- Stocks fell and oil prices rose on June 26 as traders closely monitored the fragile ceasefire between Iran and Israel.
- Markets declined following President Trump's comments about Federal Reserve Chair Jerome Powell, noting that Powell's appointment concludes in May of the coming year.
- Trump criticized Powell's intelligence, called him "terrible," and said he already has three or four candidates in mind to replace him after a NATO summit.
- National Australia Bank strategist Rodrigo Catril noted that Trump's nomination will heighten pressure on Powell to reduce rates, which is contributing to a decline in the dollar.
- Iranian President Masoud Pezeshkian stated Iran is willing to resume nuclear negotiations while continuing to assert its right to peaceful nuclear energy, amid an elevated risk that the ceasefire could break down.
39 Articles
39 Articles
InsideNoVA.com
Stocks mixed with eyes on Mideast, dollar hit by Trump Fed comment
Stocks were mixed Thursday and oil rose as traders kept a nervous eye on the Iran-Israel ceasefire, while the dollar dropped after Donald Trump said he had a handful of candidates to succeed Federal Reserve boss Jerome Powell, fuelling rate…
Stocks down with eyes on Middle East, dollar hit by Trump Fed comment
HONG KONG: Most stocks fell Thursday (June 26) and oil rose as traders kept a nervous eye on the Iran-Israel ceasefire, while the dollar dropped after Donald Trump said he had a handful of candidates to succeed Federal Reserve boss Jerome Powell, fuelling rate cut bets.
Asia: Stocks down with eyes on Mideast, dollar hit by Trump Fed comment
Most stocks fell on Thursday and oil rose as traders kept a nervous eye on the Iran-Israel ceasefire, while the dollar dropped after Donald Trump said he had a handful of candidates to succeed Federal Reserve boss Jerome Powell, fuelling rate cut bets.
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