2024-10-01 23:55:09
Energie
Finance
Markets

Market Volatility Amid Middle East Tensions

Image courtesy of : AFP (SPENCER PLATT)

The recent Iranian missile attack on Israel has significantly impacted global financial markets. Major stock indices like the Dow Jones and Nasdaq fell by around 1.5%, reflecting investor unease.

The price of Brent crude oil surged by 2.6% to $73.56 per barrel, driven by concerns over potential disruptions in oil supply from the Middle East. Gold, often seen as a safe haven in times of crisis, reached a new record high, increasing by about 1% to over $2,600 per ounce.

Analysts, including Joe Mazzola from Charles Schwab, have noted the market’s heightened sensitivity to the escalating tensions in the region. The conflict has also caused a notable rise in defense stocks, while companies like Boeing consider capital increases.

Additionally, the crypto market has not been immune, with Bitcoin and other cryptocurrencies experiencing a decline amid the geopolitical instability. As the situation evolves, investors remain vigilant, closely monitoring developments and their potential economic repercussions.

Yahoo Finance
1. Oktober 2024 um 14:20

Stock market today: Nasdaq leads stock declines after mixed jobs and economic data, oil spikes on Iran reports

Finance
Economy
Politics
Nasdaq, Dow, and S&P 500 declined; Iran preparing potential missile strike against Israel, impacting bond yields and oil prices; increased job openings, steady manufacturing per ISM PMI; Fed Chair Powell hinted Fed not rushing to cut rates; investors await Friday's September jobs report; dockworker strike threatens to disrupt US economy.
CoinDesk
1. Oktober 2024 um 14:56

Bitcoin Slides Below $63K, Diverging from Gold as Middle East Tensions Flare Up

Finance
Politics
Cryptocurrencies & blockchain
Bitcoin slides below $63K as Middle East tensions flare up, diverging from gold's rise. Cryptocurrencies tumble amid White House indications of Iran prepping imminent missile attack on Israel. S&P 500 and Nasdaq also fall, while gold and oil prices surge. CoinDesk 20 Index down similar amount, with ether and solana performing better than average, and Polkadot, Uniswap, Polygon and Hedera doing worse. 30-day BTC-S&P 500 correlation nearing yearly highs. Bitcoin's Tuesday drop reminiscent of price..
Crypto.news
1. Oktober 2024 um 17:54

Bitcoin, crypto down 4% as Israel-Iran conflict escalates

Politics
Finance
Cryptocurrencies & blockchain
Economy
Bitcoin, crypto down 4% as Israel-Iran conflict escalates
Crypto markets slumped 4% amid Israel-Iran conflict; Bitcoin, Ethereum, BNB, SOL down 3.9-7%; Stablecoins slightly depegged; Bitcoin miners Marathon Digital, CleanSpark saw stock drops; Tyr Capital CIO says Bitcoin best bet amid uncertainty; Bitcoin's value proposition and outperformance of S&P 500 noted; Middle East unrest, impact on global economies and market liquidity; Ballistic missile attacks rattled crypto-mining sector; Ongoing Middle East unrest.
The Guardian
1. Oktober 2024 um 18:21

Financial markets could still avoid panic amid oil price risk in Middle East crisis

Finance
Economy
Oil prices rose amid Middle East tensions, but experts believe financial markets could avoid panic due to expectations for the conflict, geopolitics, and the weakening global economy. Iran is a major oil producer with influence over the Strait of Hormuz and the Red Sea through Houthi rebels in Yemen. Other major oil exporters like Saudi Arabia, Iraq, UAE, Kuwait, and Qatar rely on the Strait of Hormuz, and OPEC+ plans to raise supply. Oil demand has sagged amid a slowdown in global growth, par..
CW

Account

Waiting list for the personalized area


Welcome!

InfoBud.news

infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand

Your World, Tailored News: Navigate The News Jungle With AI-Powered Precision!