In today’s episode of Market Brief – After Hours, global markets stage a powerful rebound as optimism over a potential diplomatic off-ramp in the Iran conflict sparks a sharp relief rally, even as underlying risks tied to energy prices and inflation remain firmly in focus.
We break down the surge across US equities, with the Dow jumping over 1,100 points, the S&P 500 posting its strongest daily gain since May, and the Nasdaq leading with a near 4% rally driven by strength in major technology stocks including Nvidia and Microsoft.
In Europe, markets move higher across the STOXX 600, DAX, CAC 40, and FTSE 100, but the broader outlook remains fragile as inflation accelerates across the region, driven by rising energy costs and ongoing geopolitical uncertainty in the Persian Gulf.
The episode also covers detailed Forex technical analysis across EUR/USD, GBP/USD, USD/JPY, and AUD/USD, highlighting key resistance levels and ongoing pressure on major currency pairs despite short-term rebounds.
In commodities, oil prices remain elevated with Brent holding near multi-year highs, while Gold and Silver surge sharply as investors continue to hedge against uncertainty, reflecting a market caught between optimism and risk aversion.
In equities, we highlight major movers including a surge in Apellis Pharmaceuticals and Centessa Pharmaceuticals following major acquisition deals, alongside declines in Phreesia and McCormick amid weaker outlooks and strategic concerns.
","author_name":"Arshia Hadidi"}