Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
Oil Prices Ease as Markets Weigh U.S.-Iran Peace Deal and Strait of Hormuz Reopening 
Asian Stocks Advance as Nikkei Nears Record High Ahead of Fed Decision 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness 
Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal 
Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
German Industry Employment Falls to Lowest Level in a Decade 
Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
Gold Prices Rebound on U.S.-Iran Peace Deal Optimism Despite Fed Rate Hike Signals 
Wall Street futures dropped sharply Sunday night after the United States and Israel launched coordinated strikes on Iran, intensifying geopolitical tensions and triggering a surge in oil prices. The sudden escalation rattled global financial markets, driving investors away from risk-sensitive assets and into safer alternatives.
By 19:05 ET, S&P 500 Futures had fallen nearly 1.1% to 6,815.75, while Nasdaq 100 Futures declined 1% to 24,737.50. Dow Jones Futures also slid 1.1% to 48,447.0. The decline followed a negative session on Friday, when concerns over artificial intelligence disruptions and persistent inflation pressured U.S. stocks.
Reports indicate that the weekend strikes resulted in significant casualties in Iran, including Supreme Leader Ayatollah Ali Khamenei. Iran responded with retaliatory attacks targeting Israel and several Middle Eastern nations, including Bahrain, Qatar, and the United Arab Emirates. The deepening conflict has heightened fears of a broader Middle East war, particularly as diplomatic negotiations over Iran’s nuclear program had recently stalled.
President Donald Trump stated that military operations would continue until all objectives are met, warning of potential additional American casualties following the deaths of three U.S. service members. Investors are increasingly concerned about the risk of prolonged instability in the region.
Oil prices surged amid worries that the Strait of Hormuz, a critical shipping route responsible for nearly 20% of global oil consumption, could face disruptions. Rising crude prices have added inflationary pressure to an already fragile market environment.
Beyond geopolitical risks, Wall Street has been grappling with ongoing uncertainty surrounding AI-related spending, elevated valuations in technology stocks, and stubborn inflation data. The Nasdaq Composite lost more than 3% last month, while the S&P 500 slipped 0.9% and the Dow Jones Industrial Average remained flat. Strong labor market data and persistent inflation have fueled expectations that the Federal Reserve may keep interest rates higher for longer, further dampening investor sentiment.
