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Latest financial news from across the markets
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Gold futures have dropped sharply by 10% as investors move away from safe-haven assets amid escalating geopolitical tensions. European stocks opened 1.6% lower, influenced by President Trump's ultimatum regarding the Strait of Hormuz, which has also caused oil prices to rise. The ongoing conflict involving Iran and the U.S.-Israel alliance continues to create uncertainty in the markets, contributing to a fourth consecutive week of stock declines. Meanwhile, the dollar has strengthened as demand for safe-haven currencies increases in response to the turmoil.
Latest Market Updates
| Title | Published |
|---|---|
More than 40 Middle East energy assets âseverely damaged,â IEA chief says More than 40 Middle East energy assets âseverely damaged,â IEA chief says | less than a minute ago |
European stocks tumble as Trump sets Hormuz deadline European stocks tumble as Trump sets Hormuz deadline | less than a minute ago |
Oil prices rise as Trumpâs Strait of Hormuz ultimatum keep markets on edge Oil prices rise as Trumpâs Strait of Hormuz ultimatum keep markets on edge | less than a minute ago |
Iran threatens U.S. Treasury buyers as Trumpâs 48-hour ultimatum looms Iran threatens U.S. Treasury buyers as Trumpâs 48-hour ultimatum looms | less than a minute ago |
CNBC Daily Open: Trump issues Strait of Hormuz ultimatum CNBC Daily Open: Trump issues Strait of Hormuz ultimatum | less than a minute ago |
Asia markets tumble as Middle East conflict spiral with no sign of abating Asia markets tumble as Middle East conflict spiral with no sign of abating | less than a minute ago |
A Netflix cooking show is changing how people travel A Netflix cooking show is changing how people travel | less than a minute ago |
More than 40 Middle East energy assets âseverely damaged,â IEA chief says
More than 40 Middle East energy assets âseverely damaged,â IEA chief says
European stocks tumble as Trump sets Hormuz deadline
European stocks tumble as Trump sets Hormuz deadline
Oil prices rise as Trumpâs Strait of Hormuz ultimatum keep markets on edge
Oil prices rise as Trumpâs Strait of Hormuz ultimatum keep markets on edge
Iran threatens U.S. Treasury buyers as Trumpâs 48-hour ultimatum looms
Iran threatens U.S. Treasury buyers as Trumpâs 48-hour ultimatum looms
CNBC Daily Open: Trump issues Strait of Hormuz ultimatum
CNBC Daily Open: Trump issues Strait of Hormuz ultimatum
Asia markets tumble as Middle East conflict spiral with no sign of abating
Asia markets tumble as Middle East conflict spiral with no sign of abating
A Netflix cooking show is changing how people travel
A Netflix cooking show is changing how people travel