From Investing.com: 2024-04-15 05:46:02

Asian shares dipped and gold prices rose as fear heightened following Iran’s retaliatory attack on Israel. MSCI’s index in Asia-Pacific outside Japan dropped by 0.7%. The threat of a broader conflict between Iran and the U.S. has unsettled the region. Stocks in Asia fell, with Hong Kong’s market dropping by 0.63%. Gold soared, while oil prices remained stable amid Iran tensions. U.S. stock futures edged higher after Friday’s selloff on Wall Street due to disappointing bank results. European futures and China’s stock market showed positive movement. U.S. Treasury yields held near recent highs, indicating a potential slowdown in rate cuts from the Federal Reserve. The dollar surged to a 34-year high against the yen, while the euro and sterling remained near five-month lows. Forecasts suggest a delay in the interest rate cutting cycle in the U.S. Bitcoin’s rally slowed as global economic uncertainties persisted.



Read more at Investing.com: Stocks climb, oil dips as Middle East concerns in check By Reuters