
Asian markets mostly declined today as investors reacted to rising oil prices and escalating tensions between the U.S. and Iran. West Texas Intermediate (WTI) traded around $98.00 and Brent rose above $103, after the U.S. launched strikes on Iranian military assets near Kharg Island, a key oil export hub, and warned of further attacks on energy infrastructure.
In the US market, stock futures moved slightly higher as markets attempted to recover after another losing week, while investors continued to monitor oil prices and developments in the U.S.–Iran conflict. Dow Jones futures rose about 0.75%, S&P 500 futures gained 0.8%, and Nasdaq 100 futures climbed 0.9%.
The rebound follows last week’s decline for the three major indices as the S&P 500 fell 1.7%, while the Dow and Nasdaq dropped about 2% and 1.3%, respectively.
Gold stabilized near the $5,000 level during the Asian session but remained under pressure as markets focused on upcoming central bank policy decisions this week. Silver is moving mostly sideways around the $80 mark. The US Dollar Index (DXY) is currently near its 10-month high as it jumped to 100.54. This move by the greenback limits precious metal gains. Meanwhile, cryptocurrencies gained, with Bitcoin rising above $73,800 and Ether jumping above $2,200
Investors are awaiting monetary policy decisions from major central banks, including the Fed, European Central Bank, Bank of Japan, Bank of England, and Reserve Bank of Australia, with most expected to keep rates unchanged, while the RBA may raise rates again.
Tags
Open Live Account
Please enter a valid country
No results found
No results found
Please enter a valid email
Please enter a valid verification code
1. 8-16 characters + numbers (0-9) 2. blend of letters (A-Z, a-z) 3. special characters (e.g, !a#S%^&)
Please enter the correct format
Please tick the checkbox to proceed
Please tick the checkbox to proceed
Important Notice
STARTRADER does not accept any applications from Australian residents.
To comply with regulatory requirements, clicking the button will redirect you to the STARTRADER website operated by STARTRADER PRIME GLOBAL PTY LTD (ABN 65 156 005 668), an authorized Australian Financial Services Licence holder (AFSL no. 421210) regulated by the Australian Securities and Investments Commission.
CONTINUEImportant Notice for Residents of the United Arab Emirates
In alignment with local regulatory requirements, individuals residing in the United Arab Emirates are requested to proceed via our dedicated regional platform at startrader.ae, which is operated by STARTRADER Global Financial Consultation & Financial Analysis L.L.C.. This entity is licensed by the UAE Capital Market Authority (CMA) under License No. 20200000241, and is authorised to introduce financial services and promote financial products in the UAE.
Please click the "Continue" button below to be redirected.
CONTINUEError! Please try again.