[MARKET UPDATE] Asia-Pac stocks begin the week lower as oil surges following failed US-Iran talks in Islamabad and President Trump's announcement of a US naval blockade in the Strait of Hormuz
The decline in Asia-Pacific stocks is primarily driven by escalating geopolitical tensions following the US-Iran talks, highlighting the significant risk to stability in the region.
US Southern Command says five narco terrorists were eliminated in strikes carried out on two vessels in the Eastern Pacific on Saturday
South Korea April 1st-10th exports rose 36.7% Y/Y, Imports rose 12.7% Y/Y and Trade Balance at a provisional surplus of USD 3.1bln
[MARKET UPDATE] Asia-Pac stocks begin the week lower as oil surges following failed US-Iran talks in Islamabad and President Trump's announcement of a US naval blockade in the Strait of Hormuz
Sirens sound is western Galilee following a Hezbollah missile attack
[MARKET UPDATE] 10yr JGB futures are down around 50 ticks in early trade with Japan's 10yr yield rising to 2.49% to print its highest since 1997
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President Trump's naval blockade announcement raises concerns about potential supply disruptions in the Strait of Hormuz, which could further elevate oil prices and impact global inflation dynamics. This backdrop may lead to increased volatility across equities and commodities as traders reassess risk exposures.
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