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Trump: U.S. Could Get Involved in Israel-Iran Conflict; Its Stocks & Dollar Defy Fears with Surprising Resilience!
TradingKey - As the conflict between Israel and Iran enters its fourth day with no clear signs of de-escalation, market sentiment has taken a subtle turn. While concerns over a potential blockade of the Strait of Hormuz have kept oil and gold prices rising, U.S. stock futures remain positive, and ..TradingKey
Mon, Jun 16
PRECIOUS-Gold prices retreat as traders secure profits after near 2-month high
Israel-Iran battle escalatesFed policy decision due on WednesdayPalladium up more than 1%By Brijesh Patel June 16 (Reuters) - Gold prices dropped on Monday as traders locked in profits following a rally to a near two-month peak, sparked by intensified clashes between Israel and Iran over the week...Reuters
Mon, Jun 16
Premium insurance demand rises with global travel disruptions
LONDON/NEW YORK, June 16 (Reuters) - With flight cancellations, delays and other disruptions on the rise, leisure travellers are being increasingly discerning over the level and type of insurance they buy and businesses are turning to specialist advisory services to limit risk.Reuters
Mon, Jun 16
US aircraft carrier heads west from S.China Sea amid Middle East tensions
HANOI, June 16 (Reuters) - U.S. aircraft carrier USS Nimitz left the South China Sea on Monday morning heading west, according to data from ship tracking website Marine Traffic, after a reception for its planned port call in central Vietnam was cancelled.Reuters
Mon, Jun 16
Nippon Steel shares rise after Trump approves $14.9 billion US Steel bid
TOKYO, June 16 (Reuters) - Nippon Steel 5401.T shares rose on Monday after U.S. President Donald Trump approved its $14.9 billion bid for U.S. Steel X.N, clearing a key hurdle in its 18-month pursuit and securing access to a vital market for its growth strategy.Reuters
Mon, Jun 16
JGB falls to track US Treasury declines; investors eye BOJ's tapering plans
TOKYO, June 16 (Reuters) - Japanese government bonds (JGBs) fell on Monday, tracking declines in U.S. Treasuries on Friday, as investors awaited market-moving cues such as the Bank of Japan's (BOJ) decision on its bond tapering.
Reuters
Mon, Jun 16
GLOBAL MARKETS-Asia stocks show resilience, oil rally moderates
SYDNEY, June 16 (Reuters) - Asian shares proved resilient on Monday and oil prices rose anew as the conflict between Israel and Iran showed no sign of cooling, adding geopolitical uncertainty to the world's economic troubles in a week packed with central bank meetings.Reuters
Mon, Jun 16
The Biggest Concern in the Israel-Iran Conflict: Will the Closure of the Strait of Hormuz Push Oil Prices Past $100?
TradingKey - The outbreak of conflict between Israel and Iran has shaken off the recent weakness in international oil prices, which surged 10% last week. Wall Street is now focused on whether this new front in the Middle East could lead to the closure of the Strait of Hormuz — a critical global oil
METALS-Shanghai metals slip as Israel-Iran tensions, mixed China data weigh
SINGAPORE, June 16 (Reuters) - Most metals on the Shanghai Futures Exchange traded lower on Monday, as mixed economic data from China reinforced market caution and escalating tensions between Israel and Iran further weighed on investor sentiment.Reuters
Mon, Jun 16
GLOBAL MARKETS-Stocks, dollar show resilience in Asia as oil gains
SYDNEY, June 16 (Reuters) - Asian markets kept their nerve on Monday and oil prices climbed anew as the conflict between Israel and Iran showed no sign of cooling, adding geopolitical uncertainty to the world's economic troubles in a week packed with central bank meetings.Reuters
Mon, Jun 16
China's May factory output slows, retail sales surprisingly upbeat
BEIJING, June 16 (Reuters) - China's industrial output rose 5.8% year-on-year in May, slowing from the 6.1% pace in April and missing forecasts, but retail sales growth unexpectedly picked up, official data showed on Monday.Reuters
Mon, Jun 16
GRAINS-Chicago soyoil futures hit 18-month high on biofuel mandate, Mideast tensions
BEIJING, June 16 (Reuters) - Chicago soyoil futures surged to their highest level in nearly 18 months, buoyed by higher-than-expected biofuel blending proposals and a rally in crude oil prices amid escalating conflict between Israel and Iran.Reuters
Mon, Jun 16
WTI extends upside above $72.00 as Israel-Iran conflict deepens
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $72.15 during the Asian trading hours on Monday. The WTI price extends the rally to the highest since February after Israel attacked two natural gas facilities in Iran, raising fears that a wider war in the region could disFxstreet
Mon, Jun 16
