[MARKET UPDATE] Equities and gold face pressure following Tasnim report; Oil prices move higher
The news of the Tasnim report is likely raising geopolitical tensions, putting pressure on equities and gold as investors seek safer assets.
Iranian official says that exchange of messages with the US via mediators is still going on, gives no detail, Reuters reports
US Consumer Credit Change (Feb) 9.48B vs. Exp. 10B (Prev. 8.05B)
[MARKET UPDATE] Equities and gold face pressure following Tasnim report; Oil prices move higher
"If Trump wants to fall into a hole with his madness, we have prepared a black hole for him from which it will be impossible for him to get out", Tasnim reports citing an Iranian military source
US Transportation Secretary says there is room for mergers in US airline industry, via CNBC interview
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The rise in oil prices suggests a concern about supply stability or heightened risk in the region, which could have implications for inflation and overall market sentiment.
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