Global markets faced jitters as U.S.-Iran tensions escalated, impacting oil prices and the Strait of Hormuz. Despite peace talks, threats from President Trump and Tehran's actions cast a shadow. Meanwhile, the British pound weakened amid political uncertainty, and the Japanese yen neared a two-year low, with authorities watching currency movements closely. U.S. Treasury yields also climbed, signaling expectations of further interest rate hikes.
Global markets are experiencing jitters due to escalating U.S.-Iran tensions, which are impacting oil prices and the Strait of Hormuz. Despite ongoing peace talks, threats from President Trump and Tehran's actions are casting a shadow. Concurrently, the British pound has…
Market Samachar is a news aggregator. This article was originally published by Markets-Economic Times. Tap the button above to read the full story on their site.