📉 Morning Market Update | 13.06.2025
🌍 Geopolitical Shockwaves & Market Turmoil
⚔️ Global markets are in freefall after Israel launched airstrikes on Iran’s nuclear sites, killing top Iranian military officials and scientists. The US500 sank -1.2%, US100 -1.4%, and US30 -1.1%. Israel declared a state of emergency, and Tehran has vowed retaliation — including reported drone incursions. Talks on Iran’s nuclear programme have collapsed. Washington distanced itself, urging calm while securing its regional assets.
📉 Investors fled to safety:
• US 10Y Treasury yield fell for a 4th day, now at 4.34%
• Gold and Treasuries in strong demand
• Oil prices jumped a staggering +9%, the biggest surge in over 3 years ⚠️
🌏 Asia-Pacific markets tumbled:
• MSCI Asia Pacific: -1.1%
• 🇯🇵 Topix: -1%
• 🇦🇺 ASX 200: -0.4%
• 🇭🇰 Hang Seng: -0.7%
• 🇨🇳 Shanghai Comp: -0.7%
Japan’s May industrial production also disappointed (-1.1% MoM).
💱 Forex Market:
• USD recovered slightly in risk-off mood
• CHF surged: USD/CHF fell -0.6% to 0.8056
• EUR/USD: -0.5% to $1.1523
• GBP/USD: -0.6% to $1.3537
• AUD/USD: -1.2% | NZD/USD: -1.1% 💥
₿ Crypto not spared:
• Bitcoin: -1.6% to $104,271
• Ethereum: -4.7% to $2,517
🧭 All eyes now on Iran’s next move — markets brace for potential escalation and continued volatility.
#NordFX #MarketUpdate #Geopolitics #Oil #Forex #Bitcoin #Gold #SafeHaven #Iran #Israel #USD #Stocks #Inflation #Tariffs
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