Investor optimism over a quick Israel–Iran resolution fell apart after fresh hostilities. President Trump’s call for Iranians to evacuate Tehran and his early departure from the G7 summit heightened concerns of a wider escalation. European futures plummeted, U.S. stock-index futures declined, while oil prices spiked nearly 2%, contributing to a 7.5% gain since Friday. The dollar remained steady, acting as a safe haven, and central bank meetings—including the BOJ’s decision to slow bond tapering—drew mixed market attention.
🔗 Source: Reuters
Global Markets Retreat as Israel–Iran Conflict Deepens
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