Stocks off two-month low as fear of Middle East escalation eases

LONDON, April 19 - Global shares hit a two-month low on Friday after Israel's attack on Iran triggered a rush into safe haven bonds and gold, lifting Wall Street's 'fear index' to its highest level since October.

Oil prices had jumped $3 a barrel on concern that Middle East oil supply could be disrupted, but later began moving lower as fears of a major escalation in Middle East hostilities eased.The MSCI All Country stock index , opens new tab was down 0.38%, hitting its weakest level since February but off the day's lows.

"This is not just a Middle East thing that causes the risk off now. More fundamentally, it's the fading rate-cut expectations by the Fed, and on the back of it is higher inflation expectations, and this conflict...makes the thing worse basically," Matsuzawa said. "The first of that is an oil shock - we have seen this tape play out before, with Brent over $100 a barrel and so on," Yarrow said.

Hopes for a Fed rate cut as early as June have now been pushed back to later in the year, taking some wind out of the stock market.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stocks sink, oil surges on reports of Middle East attacksExplore stories from Atlantic Canada.
Fonte: SaltWire Network - 🏆 45. / 63 Consulte Mais informação »

European Stocks Lose Steam on Fear of Middle East EscalationEuropean stocks trimmed gains late in the afternoon as Axios reported that Israeli Defense Minister Yoav Gallant said Israel had no choice but to retaliate against Iran.
Fonte: BNNBloomberg - 🏆 83. / 50 Consulte Mais informação »

Stocks climb, oil dips as Middle East war worries kept in checkThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Fonte: KitcoNewsNOW - 🏆 13. / 78 Consulte Mais informação »

Premarket: Stocks climb, oil dips as Middle East concerns in checkU.S. stock futures ticked higher after a heavy selloff on Wall Street on Friday
Fonte: globebusiness - 🏆 31. / 66 Consulte Mais informação »

Stock market today: Asian stocks track Wall Street's decline as Middle East tensions escalateHONG KONG (AP) — Asia stocks pulled back on Monday as worries about potentially escalating tensions in the Middle East rattled financial markets, pushing...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

European Stocks Set for Rocky Start Amid Escalating Tensions in the Middle EastEuropean stocks are expected to experience a sharp decline as tensions in the Middle East escalate. Israeli Prime Minister Benjamin Netanyahu's comments about potential retaliation have raised fears of a wider war. This has also impacted Wall Street and Asian shares, causing oil prices to rise. The EURO STOXX 50 index futures have already fallen by over 1.5%, indicating a significant move for Asian time.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »