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Global Markets Face Renewed Pressure as Rate Hike, Geopolitical Risks Grow
(MENAFN) Global financial markets move lower as expectations of a Federal Reserve rate increase combine with rising geopolitical tensions in the Middle East, while renewed selling puts pressure on government bonds.
Brent crude climbs back above $90 a barrel as concerns over potential supply disruptions grow amid renewed military confrontation between the United States and Iran. The worsening outlook prompts investors to reduce exposure to riskier assets.
Rising geopolitical uncertainty and higher oil prices are expected to push bond yields upward while weighing on equities. At the same time, renewed inflation concerns strengthen expectations for a more aggressive stance from the Federal Reserve.
Markets are now assigning a high probability to an interest-rate increase in October. Strong US nonfarm payroll figures due Friday could reinforce expectations for further monetary tightening.
US President Donald Trump says Washington will respond to Iran after Tehran launches ballistic missiles at American military bases in Jordan.
Fears that an escalation could disrupt energy shipments through the Strait of Hormuz for an extended period contribute to the rise in crude prices. December-delivery Brent increases 3.6% on Tuesday to $91.5 a barrel.
Russia’s decision to prolong its ban on diesel exports until Sept. 30 adds to concerns about the availability of refined fuel and further supports expectations of tighter energy markets.
Brent crude climbs back above $90 a barrel as concerns over potential supply disruptions grow amid renewed military confrontation between the United States and Iran. The worsening outlook prompts investors to reduce exposure to riskier assets.
Rising geopolitical uncertainty and higher oil prices are expected to push bond yields upward while weighing on equities. At the same time, renewed inflation concerns strengthen expectations for a more aggressive stance from the Federal Reserve.
Markets are now assigning a high probability to an interest-rate increase in October. Strong US nonfarm payroll figures due Friday could reinforce expectations for further monetary tightening.
US President Donald Trump says Washington will respond to Iran after Tehran launches ballistic missiles at American military bases in Jordan.
Fears that an escalation could disrupt energy shipments through the Strait of Hormuz for an extended period contribute to the rise in crude prices. December-delivery Brent increases 3.6% on Tuesday to $91.5 a barrel.
Russia’s decision to prolong its ban on diesel exports until Sept. 30 adds to concerns about the availability of refined fuel and further supports expectations of tighter energy markets.
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