Share futures ease, dollar gains as Gulf talks teeter - Reuters
Share futures ease, dollar gains as Gulf talks teeter Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"Markets are very good at assimilating this and learning to live with things that we thought were impossible."
— Chris Beauchamp , Executive
"The conflict in the Middle East is now entering its 11th week."
— Bruce Kasman , Executive
Key People
Bruce Kasman is the global head of economics at JPMorgan.
Chief analyst at IG, providing insights on market reactions.
Former president of the United States known for his aggressive economic policies.
British Prime Minister and leader of the Labour Party.
Xi Jinping is the General Secretary of the Communist Party of China and President of China.
All Coverage
<a href="https://news.google.com/rss/articles/CBMiiAFBVV95cUxQMV9DYUJldGFpaFVEczJiSGRvY05xRUwyWm9xZm9BV0VXVXdxZFUzM3c0YmpETzJ6V2lsaWFyRmFWdHhsZHp6dmNTaGRUM2J6dGRiZDc3Yk1KSmRadU9GbG5BNjhlZTVXUWlUZ3RSYmd1a3Q2REkybUdXMElXcFptZnpsZlZ0X0Y0?oc=5" target="_blank">Share futures ease, dollar gains as Gulf talks teeter</a> <font color="#6f6f6f">Reuters</font>
Share futures declined and the dollar strengthened amid stalled U.S.-Iran peace talks, leading to a partial closure of the Strait of Hormuz and rising oil prices.
The dollar index fell 0.4% to 97.877, as markets remained cautiously optimistic about a swift end to the Middle East conflict, following President Trump's statement on the ceasefire.
Gold prices rose 0.8% after hitting a one-month low, as investors assessed a fragile Middle East truce and the conflict's potential impact on inflation and interest-rate expectations.
Brent crude futures rose 3% following U.S.-Iran airstrikes but later pared gains as traders anticipated a potential ceasefire, ending the week down over 6%.
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