Senior Israeli officials said this week that their military campaign against Iran could trigger the fall of the regime, an event that would have enormous implications for the global oil market. The oil market has reacted with remarkable restraint as Israel has bombed the third-largest crude producer in OPEC for eight straight days, with no…
Wall Street will continue to monitor the Iran-Israel war next week, with stocks at a bit of an impasse as investors await greater clarity on the economic outlook. The S & P 500 remains on the cusp of an all-time high, more than 2% off a February peak it has yet to clear as investors…
The Club’s 10 things to watch Friday, June 20 1. Wall Street is on pace for a higher open this morning as investors await President Donald Trump’s decision on direct U.S. involvement in the Israel-Iran conflict. Oil futures gave up earlier gains, while natural gas hit its highest level since early April. Fed Governor Christopher…
U.S., Israel and Iran flags are seen in this illustration taken June 18, 2025. Dado Ruvic | Reuters Oil prices fell more than 3% on Friday as President Donald Trump holds off for now on helping Israel to destroy OPEC member Iran’s nuclear program. Global benchmark Brent fell $2.78, or 3.53%, to $76.07 per barrel….
Trump’s two-week delay on an Iran bombing decision has generated uncertainty that is holding investors (and businesses) back from making decisions. While the “fear index” dropped, U.S. markets still slid slightly in premarket trading. Investors didn’t exactly breathe a sigh of relief after President Trump postponed a decision on bombing Iran for two weeks. U.S….
Brent crude prices pared gains from the previous session and fell nearly $2 on Friday after the White House delayed a decision on U.S. involvement in the Israel-Iran conflict, but they were still poised for a third straight week in the black. Ilan Rosenberg | Reuters Brent crude prices pared gains from the previous session…
Hong Kong’s residential property market is poised for a recovery after enduring a seven-year downturn, according to Morgan Stanley. Home prices in the city are set to bottom out, driven by an influx of mainland Chinese buyers, improved capital markets and a recent plunge in interest rates, analysts led by Praveen Choudhary said in a…
A general view of the partially collapsed buildings damaged by some of the ballistic missiles launched by Iran on June 18, 2025 in Tel Aviv, Israel. Nir Keidar | Anadolu | Getty Images The conflict between Israel and Iran is intensifying, with both countries not backing down from strikes and their leaders continuing to issue…
Anshun bridge reflecting in the Jinjiang river at dusk in Chengdu, Sichuan Province, China. © Philippe Lejeanvre | Moment Open | Getty Images Asia-Pacific markets mostly rose Friday as investors assessed China data and monitored escalating tensions between Israel and Iran. The People’s Bank of China expectedly kept its loan rates unchanged at 3.0% for…
Traders work on the floor of the New York Stock Exchange on April 2, 2025. NYSE Stock futures were lower ahead of Friday’s session, with investors monitoring conflict in the Middle East between Iran and Israel, and potential direct U.S. involvement. Futures tied to the Dow Jones Industrial Average slipped 154 points, or 0.3%. Nasdaq…