In today’s episode of Market Brief – After Hours, global markets plunge as escalating US-Israel tension with Iran sparks a sharp spike in oil prices and triggers broad risk aversion across equities, bonds and currencies. The Dow sheds hundreds of points, the S&P 500 and Nasdaq extend losses, and semiconductor weakness intensifies following heavy declines in South Korea and Japan.
European indices post steep declines amid rising energy costs and firmer inflation data, while Asian markets see significant tech-led selling pressure. Brent crude surges sharply before trimming gains as political assurances attempt to calm fears around the Persian Gulf, reigniting inflation concerns across global markets.
We break down key technical breakdowns in EUR/USD and GBP/USD as major moving averages give way, alongside resilience in USD/JPY and pressure across risk-sensitive currencies. Gold and Silver experience volatile swings, Bitcoin reacts to broader risk sentiment, and major stock movers include sharp earnings reactions, private credit outflows and significant corporate deal announcements.
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