Market Update

Market Drivers – US Session: Dollar rallies as war drums beat louder in the Middle East Dollar Rallies Amid Middle East Tensions Geopolitical unrest in the Middle East has taken center stage, driving a surge in the US Dollar (USD) as investors seek safe-haven assets. The escalating conflict between Israel …

Gold is reclaiming its allure as a safe-haven asset, sparkling at the start of Tuesday’s trading session. The precious metal’s resurgence is fueled by renewed geopolitical tensions in the Middle East, which have roared back to the forefront, extinguishing hopes of a swift de-escalation between Iran and Israel. The conflict, …

The British pound weakened against the U.S. dollar on June 17, 2025, driven by heightened geopolitical tensions in the Middle East and a broader retreat from risk in global financial markets. Escalating conflict between Iran and Israel, marked by Iran’s bombing of an Israeli intelligence facility and Israel’s reported killing …

The dollar/yen pair climbed on Tuesday, buoyed by a stronger U.S. dollar, which gained from a sharp decline in risk appetite across global financial markets as fighting between Iran and Israel persisted.The Bank of Japan (BoJ) maintained its interest rate at 0.5%, aligning with market expectations and resulting in a …

The Federal Reserve’s upcoming rate decision on June 18, 2025, holds significant implications for the U.S. economy. With the Federal Open Market Committee (FOMC) set to announce its verdict at 2 p.m. EST, followed by a press conference from Chair Jerome Powell at 2:30 p.m., anticipation runs high. Current market …

A worst-case escalation of the Israel-Iran conflict, potentially closing the Strait of Hormuz and igniting a regional war, would rattle global markets, reshaping commodities, forex, stocks, and cryptocurrencies. As tensions surged on June 13, 2025, oil soared and safe-havens rallied. This analysis explores asset reactions in the short term (days …

Surging US-Iran tensions, fueled by US President Donald Trump’s hardline stance on June 17, 2025, pushed the EUR/USD pair below 1.1500, as safe-haven flows strengthened the US Dollar. With geopolitical risks eclipsing Eurozone economic signals, markets face uncertainty. This analysis dives into the Euro’s decline and what lies ahead.Geopolitical Fears …

China, the world’s largest crude oil importer, is quietly amassing a strategic stockpile, positioning itself to navigate turbulent markets as Middle East conflicts drive price volatility. With surplus crude reaching 1.4 million barrels per day (bpd) in May 2025, the nation’s refineries are processing far less than what’s available from …

Retail Sales in the United States fell by 0.9% in May to $715.4 billion, according to data released by the U.S. Census Bureau on Tuesday. This marked a sharper-than-expected decline, following the 1.5% decrease in April (revised from +0.1%). Analysts had expected a 0.7% contraction for May. On a yearly …

Oil prices saw an uptick on Tuesday, driven by rising concerns over disruptions from the ongoing Iran-Israel conflict. However, major oil and gas infrastructure and supply flows have so far remained relatively unaffected by the escalating tensions. Brent crude futures rose by $1.23, or 1.7%, to $74.46 per barrel as …