Oil prices climbed while bonds fell across most of Asia as renewed Middle East tensions sparked fears of energy supply disruptions, complicating the outlook for inflation and interest rates. Brent jumped more than 2% to trade above $76 a barrel after the US launched fresh airstrikes in Iran and revoked a waiver that allowed it to sell oil globally, following attacks on ships in the Strait of Hormuz. Ten-year yields rose in Australia and Japan, and also in New Zealand, where the central bank raised interest rates as expected. Treasuries were steady. Equity markets, however, largely shrugged off the latest escalation in geopolitical tensions. MSCI Inc.’s gauge of Asian stocks up 0.3%, supported by tech names. S&P 500 futures were steady, while contracts for the Nasdaq 100 rose 0.3%. That’s after US benchmarks fell on Tuesday, with a gauge of chip stocks dropping more than 4%. US forces completed a round of offensive strikes against Iran, hitting over 80 targets, according to a post on X by the Central Command. Deputy Foreign Minister Kazem Gharibabadi warned Tehran would respond. Axios reported drones had been launched at Bahrain, and Kuwait said it was responding to missile attacks. The renewed hostilities risk undermining the interim US-Iran peace deal reached last month while oil’s rebound threatens a new wave of disruption for global energy markets. A handful of vessels appeared to transit through the Strait of Hormuz in the early hours of Wednesday, even after a spate of strikes on tankers left shipowners struggling to assess the risk of operating in the vital waterway. Elsewhere in markets, the Bloomberg Dollar Spot Index was steady after rising 0.2% on Tuesday. Gold rose above $4,100 an ounce, while Bitcoin fell about 1%. Indonesian shares dropped after S&P Dow Jones Indices signaled the country could eventually lose its emerging-market status if concerns over its equities market persist, dealing a setback to efforts to reassure global investors. A gauge of Asian technology stocks climbed more than 1%, snapping a two-day slide. US After Hours PENG +4.8% higher on earnings; SHMD +10% on investment agreement; MTZ +3.2% higher on M&A news; FCEL -18.3% lower on stock offering
Nikkei -1.56% Hang Seng +2.97% CSI -0.34% Kospi -4.83% Shanghai -0.25% Shenzen -1.49%
Eur$ 1.1416 CNH 6.8000 CNY 6.7973 JPY 162.31 GBP 1.3355 CHF 0.8082 RUB 76.3911 TRY 46.8548 WTI$ 72.85 Gold 4,125 -0.41% BTC 62,685 -1.47% ETH 1,752 -1.66%
S&P -0.11% Nasdaq -0.15% EuroStoxx -0.36% FTSE -0.15% Dax -0.46% SMI -0.40%
Macro :
- Europe Must Spend $3 Trillion to Cut Cloud, AI and Chip Reliance
- Qatar’s Role as US-Iran Mediator Jeopardized by Shipping Attacks
- Qatar’s Role as US-Iran Mediator Jeopardized by Shipping Attacks
- Le Pen Says She’ll Run in France’s 2027 Presidential Race
- US Strikes Iran and Blocks Oil Sales in New Test of Ceasefire
- Iran Striked back american bases in koweit & Bahrein
- Hedge Funds Shake Off Brutal March to Post Best Half Since 2021
Keep an eye on :
- AEVS SW : EQS INFRAC: Infracore SA announces final IPO size at the fixed price of CHF 54
- AIR FP : Airbus, MTU Aero Engines Form Hydrogen Fuel Cell Joint Venture
- BABA US : EQS INFRAC: Infracore SA announces final IPO size at the fixed price of CHF 54
- AZN LN : Sino Biopharm to License TQC3721 to AstraZeneca in $1.9b Pact
- BAHNB SS : Telenor Buys Controlling Stake in Bahnhof Valuing Co. at SEK6.1b
- BPM IM : Credit Agricole Hasn’t Filed Any Request to Cross 30% of BPM
- BEM LN : Beowulf Mining to Raise GBP4 Million via Share Subscriptions
- CRI FP : Chargeurs Invest prévoit une OPRA à 14 euros au début 2027
- COTY US : Coty Gets $400m to Exit Gucci Beauty License Early
- ACA FP : Credit Agricole Hasn’t Filed Any Request to Cross 30% of BPM
- DBVT US : +11.15 in NY --> DBV FP +5.89% 3.04
- DeepSeek : China’s DeepSeek is developing its own chip to help power artificial intelligence systems, Reuters reported, citing unnamed sources.
- EQT US : EQT Seeks to Raise $2.5B for New Asia Mid-Cap Buyout Fund: Rtrs
- FCEL US : FuelCell Energy Prices Upsized Share Offering at $21 Apiece (1)
- GEV US : GE Vernova, Samsung to Help Advance Europe SMR Deployment: US
- GTT FP : GTT Gets Order From Jiangnan for Tank Design of 4 LNG Carriers
- HRI LN : Herald Investment Trust Buying Back 28.8m Shares in Tender Offer
- INFRAC SW : Infracore Sets Final IPO Price at CHF54/Share
- KER FP : Coty Gets $400m to Exit Gucci Beauty License Early
- KID NO : Kid ASA 2Q Revenue Above Estimates
- MC FP : LVMH Needs to Beware China’s Luxury Minefield: Juliana Liu
- MTX GY : Airbus, MTU Aero Engines Form Hydrogen Fuel Cell Joint Venture
- Momenta IPO : GM-Backed Momenta Rises in HK Debut After $752 Million IPO (2)
- Open AI : The Trump administration is reported to be lifting restrictions on OpenAI’s GPT 5.6. OpenAI Says It Will Launch GPT-5.6 Sol Model Thursday
- REP SM : Repsol Refining Margin Rose an Estimated 28.4% in 2Q from 1Q
- RIVN US : Rivian Automotive Prices 75m Share Offering at $15.50 Apiece (1)
- SALM NO : Salmar Prelim 2Q Harvest Beats Estimates
- SAN SM : Santander Overhauls Asia-Pacific CIB Unit, Axes Beijing Head: FT
- SGO FP : Saint-Gobain to Buy Glass Fiber Plant in Lexington, NC
- SPCX US : SpaceX’s Biggest Bull Sees Valuation Soaring Above $10 Trillion
- TLX GY : Talanx Holder Meiji Yasuda Life Insurance Offers Shares: Terms
- TEL NO : Telenor Buys Controlling Stake in Bahnhof Valuing Co. at SEK6.1b
- TGS NO : TGS 2Q Contract Seismic Allocation 19%
- TIT IM : Poste Italiane to Increase Capital for Telecom Italia Bid
- UCB BB : UCB Presents Data From Generalized Myasthenia Gravis Portfolio
- VK FP : Vallourec Confirms Plan to Return Around €650m to Holders in ‘26