Asia Morning Call: Global Markets Overview
Asia Morning Call: Global Markets Overview
U.S. stocks rose on Tuesday amid optimism over a U.S.-Iran peace deal and geopolitical risks. The S&P 500 and Nasdaq neared record highs, while European stocks declined. Japan's Nikkei fell on profit-taking, but South Korea's KOSPI closed at a record high.
Foreign Exchange
The dollar firmed after U.S. strikes on Iran, while the Chinese yuan edged lower. The Australian and New Zealand dollars hesitated.
Treasuries
U.S. 10-year bond yields fell, while German and Japanese yields rose. Investors weighed inflation outlook.
Commodities
Gold fell over 1% on rate hike bets. Brent crude climbed about 4% amid Strait of Hormuz uncertainty. Iron ore and aluminium prices rose on supply concerns.
Impacted Symbols
Symbols affected by this headline and their sentiment signals
S&P/ASX 200 Index
Australian shares fell on banking sector decline and inflation concerns.
GOLD (US$/OZ)
Gold fell over 1% on rate hike expectations and strong dollar.
Rising crude oil prices increased rubber costs, supporting TRB1! prices.
Dow Jones Industrial Average Index
U.S. stocks rose on Iran peace hopes and AI optimism, but Dow Jones had limited gains.
S&P 500
S&P 500 neared record highs on AI-fueled optimism and Iran peace hopes.
NASDAQ Composite Index
Nasdaq rose on strong AI stock performance, nearing record highs.
STOXX 600
European stocks fell on Iran conflict concerns and peace deal uncertainty.
Japan 225 Index
Nikkei declined on profit-taking and rising oil prices.
SSE Composite Index
Shanghai composite index edged lower despite chip stock excitement; impact is indirect.
KOSPI Composite Index
South Korea's KOSPI hit a record high on Iran peace hopes and catching up with regional gains.
U.S. Dollar Currency Index
Dollar firmed on safe-haven demand after Iran strikes.
U.S. DOLLAR / CHINESE YUAN
Chinese yuan edged lower against dollar as Iran peace hopes faded.
AUD/USD
AUD paused as risk appetite waned after Iran strikes.
Aluminium prices hit four-year high on rising feedstock costs and supply concerns from Gulf producers.
Brent crude rose 4% on U.S. strikes on Iran and Strait of Hormuz uncertainty.
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