[MARKET UPDATE] Brent Aug'26 falls around 60 cents within a minute as Iranian President announces Iran will facilitate Japanese ship transit through Hormuz
Newsquawk Staff ·
Brent Aug'26 falls around 60 cents within a minute as Iranian President announces Iran will facilitate Japanese ship transit through Hormuz.
- [MARKET ANALYSIS] Asia-Pac stocks are mostly lower following the tech rout and flight-to quality stateside
- [MARKET ANALYSIS] Bond futures remain underpinned following the recent haven bid
- [MARKET ANALYSIS] Oil prices hold onto gains after rallying amid geopolitical concerns with reports noting US and Israeli military are drawing up plans to resume strikes on Iran
- [MARKET UPDATE] Asia-Pac stocks begin negative following the tech selling on Wall St, which had spurred a flight-to-quality
- [Market Update] Risk-off trade continues as AI concerns linger; stocks trade at new lows with NQ -3.0% as tech leads losses, while gold sees new lows; Treasuries push to new highs, weighing on USD; oil trades off highs supported by geopolitical risk
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