Trump’s ‘Iran deal is over’ remark jolts global stocks, oil and gold
After former President Donald Trump said 7 on 8that the agreement with Iran was over, 7 and 8 to 9global major indexes fell, oil prices surged, and gold prices fluctuated. Emerging-market assets and some currencies weakened, while safe-haven assets and commodity prices reacted quickly.
When former President Donald Trump said 7 on 8that the agreement with Iran was over, global financial markets reacted immediately. It was an issue that drew investor attention because it could directly affect portfolio values.
Among major U.S. market-cap indexes, the S&P 500 closed lower on 7 on 8 the trading day, while the FTSE 100 in the U.K. recorded its worst day since 5.
Latin American assets weakened. Latin American-related stocks and bonds fell in tandem.
The Indian rupee 1fell to a multi-month low. The weakness in the local currency was observed alongside a surge in oil prices.
Crude oil prices rose, and once the spike in oil prices was confirmed, energy-related assets reacted quickly. Gold, a safe-haven asset, was 7month 8through 9day and moved up and down, but overall came under downward pressure.
In additional reported developments, aerial clashes and airstrikes between the U.S. and Iran continued, and the news affected gold’s opening on 7month 9day.
The above are facts related to market moves announced over 7month 8through 9day. It was confirmed that the direct speaker and schedule changes in the event were quickly reflected in the market in the short term.
Sources: Reuters,Yahoo Finance
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