As US-Iran ceasefire talks progress, oil prices plunge and travelers shift to domestic destinations, reshaping markets.
A naphtha shortage, stemming from the Iran conflict, is paralyzing petrochemical giants in Japan and South Korea, with operating rates slashed and supply chains under threat.
US consumer confidence dipped in May as inflation worries tied to the Iran conflict offset labor market improvements. The dollar firmed amid renewed geopolitical uncertainty.
TSMC warns that prolonged Iran war could disrupt semiconductor supply chains, adding to AI-driven demand pressures.
The 30-year Treasury yield surged to 5.183%, its highest since 2007, as inflation fears reignite. Analysts now warn the Fed may need to raise rates, upending market expectations.
UK 10-year gilt yields surged to their highest since 2008 amid a global bond selloff driven by US-Iran tensions and inflation fears.
Gold prices hold amid Middle East tensions and rising Treasury yields, as markets recalibrate Fed rate cut expectations ahead of key inflation data.
The S&P 500 holds steady amid geopolitical turmoil, with energy stocks rallying on oil price spikes. Analysts see sector rotation and defensive plays dominating.
Iran launches missiles at UAE amid renewed US-Iran hostilities in Strait of Hormuz. Markets eye Middle East conflict.
Ahead of April's nonfarm payrolls, markets weigh jobless claims and Iran conflict risks.
Oil prices fell sharply as European markets rallied on de-escalation in the Strait of Hormuz, while Disney's stable theme parks show resilience.
China presses Iran for diplomatic resolution to the Israel conflict, urging restraint ahead of US talks.