The post Oil: Conflict-driven volatility and positioning – BNY appeared on BitcoinEthereumNews.com.
BNY’s Geoff Yu highlights growing fragility in global markets as President Trump declares the Iran ceasefire over and U.S. strikes in the Strait of Hormuz reignite Oil volatility. Brent, WTI and Middle Eastern benchmarks have jumped around 5%, yet inflation expectations remain intact and positioning data show core energy and inflation hedges in place, limiting broader disruption for now. Ceasefire doubts lift crude benchmarks “Markets are starting to look fragile. President Trump is now openly questioning the durability of the ceasefire, while exchanges of fire in the Strait of Hormuz are intensifying. For markets and the global economy, the prospect of a swift return to pre-conflict energy and goods flows through the waterway is fading.” “The immediate oil reaction has been significant, roughly 5%, depending on the benchmark, but not yet large enough to derail the improvement in inflati
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DBS Group Research’s Philip Wee reports that the New York Fed’s June Survey of Consumer Expectations showed 1-year inflation expectations rising to 3.7%, with 3-year expectations at 3.3% and 5-year unchanged at 3%. Despite higher oil and survey readings, futures pricing for a September Fed hike only nudged up, and consensus still sees a negative June CPI print. Survey and CPI expectations “The New York Fed’s June Survey of Consumer Expectations surprisingly reported that 1-year inflation expectations rose to 3.7% from 3.5% in May, the highest since September 2023.” “Consumers also expected inflation to rise to 3.3% from 3.1% over the next three years, but unchanged at 3% over the next five years.” “Prior to the report, New York Fed President John Williams expected headline inflation to decline alongside energy prices, confident that monetary policy was well positioned to a
The post LIVE: Oil surges, Bitcoin struggles to stay above $61K as US prepares to launch new attacks on Iran today appeared on BitcoinEthereumNews.com.
Investors became cautious again and markets declined on Wednesday due to new tensions between the US and Iran. Speaking at the NATO summit in Ankara, Turkey, US President Donald Trump stated that the ceasefire with Iran is over following fresh clashes in the Middle East region. Dow Jones, S&P 500, and Nasdaq all declined amid the risk-off sentiment. The DJIA dropped by 488 points or 0.9%, the S&P 500 index fell by 0.6%, while the Nasdaq Composite index decreased by 0.4%. Oil prices surged dramatically due to the renewed threat of military conflict. The price of Brent increased by 4.6% to $77.56 per barrel, while the price of WTI grew by 4.2% to $73.45. At a joint press conference with NATO chief Mark Rutte, Trump was asked about the ceasefire and said, “I think it’s over.” He added, “I don’t want to deal with them anymore … as far as I’
Increased U.S. oil production may stabilize global markets, potentially preventing drastic price spikes despite geopolitical tensions.
The post US oil production hits record high, may lower prices amid Iran conflict appeared first on Crypto Briefing.
Iran's threat to close the Strait of Hormuz heightens global oil market instability, risking prolonged disruptions and economic repercussions.
The post Iran threatens to close Strait of Hormuz amid escalating tensions appeared first on Crypto Briefing.
The potential closure of the Strait of Hormuz could severely disrupt global oil supply, escalating economic tensions and impacting energy markets.
The post Iran threatens to close Strait of Hormuz amid US-Israel-Iran conflict appeared first on Crypto Briefing.
The post Markets Tumble as Trump Ends Iran Ceasefire, Oil Prices Spike Above $74 appeared on BitcoinEthereumNews.com.
Key Takeaways President Trump announced the end of the US-Iran ceasefire during NATO meetings in Ankara, triggering widespread market volatility Major index futures declined significantly, with Dow futures shedding more than 500 points Crude oil prices jumped over 5% following the US decision to cancel Iran’s crude export authorization South Korean markets plummeted 5.4%, leading losses across Asian trading sessions Market participants await Federal Reserve meeting minutes from June for insight into monetary policy under Chair Kevin Warsh American equity futures experienced significant declines Wednesday morning following President Donald Trump’s announcement that the ceasefire agreement with Iran has concluded. Futures contracts for the Dow Jones Industrial Average tumbled over 500 points, representing approximately a 1% decline. The S&P 500 futures contract decreased
Iran's firm stance may prolong geopolitical tensions, impacting global oil markets and complicating diplomatic efforts for nuclear resolution.
The post Iran unlikely to make nuclear concessions amid US hesitancy: Jerusalem Post appeared first on Crypto Briefing.
NATO's minesweeper deployment in Hormuz may heighten military tensions, impacting global markets and diplomatic relations with Iran.
The post NATO allies to deploy minesweepers in Strait of Hormuz, Trump announces appeared first on Crypto Briefing.
