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Friday investors escaped into assets Safe-Haven after a row Israeli airstrikes on Iran He noted a serious escalation of the conflict in the region.
The scale of the attack, which, according to Israel, was focused on Iran’s nuclear program, surprised the markets, pushing the prices for assets, which are believed to provide protection during the intensified volatility.
“This news has led to significant fears of escalation and a broader regional conflict,” Deutsche Bank said in the note at the beginning of Friday. “The effects of attack are cascade in the world markets, with a strong risk movement for several asset classes.”
Gold reached almost two -month maximum in the news, though when the morning progressed. Pleat prices The metal increased by 1.1% at $ 3.420.24 at 7:42 am in London. Gold futures For delivery in August by 1.3% above $ 3.446.
Gold
The US Treasury prices have also risen, pushing the yield below. Gives on 30-year-old. 10-year-old and 2-year-old Treasury notes were reduced by about 3 basic points.
European stocks are ready Open sharply belowMeanwhile, with US futures also fall.
Investors run away to safe assets during uncertainty to protect their money from volatility and find stability when risk assets collapse.
Israeli Prime Minister Benjamin Netanyahu said his country launched a “purposeful military operation” against Iran’s nuclear and ballistic missile. Iran said he launched about 100 drones focused on Israel in revenge.
“This operation will last as many days as required to remove this threat,” Netanyahu added.
US Secretary of State Mark Rubio said the attack on Israel was “unilateral” and made without US support. “We do not participate in the strike against Iran, and our top priority is to defend US forces in the region,” Rubio said in a statement.
In currencies, the US dollar, the Swiss franc and Japanese – all considered a safe shelter – Rose.
After AS a tricky few months The next political uncertainty is caused by the Trump administration, US dollar indexThe measuring green appeal against the basket of large peers was 0.36% higher.
A Swiss franc and Japanese yen Both rose against the dollar at the beginning of Friday, but in a wide level were largely in London 6:50.
Prices for oil take off
The most dramatic market reaction was noticed in oil because investors are worried about Iran’s revenge and the potential disruption of oil supplies.
Raw futures jumped up by 13% After the Airstrike, setting them on the course for their biggest one -day income since 2020.
Bronwed raw
US West Texas intermediate traded 7% higher at 7:48 am in London at $ 72.76 a barrel and Global Benchmark Brent It grew by 6.8% to $ 74.04 a barrel, both came out of the previous highs.
“As looking forward to, the focus is now on what form Iran’s retallation can take. It is also unclear whether the negotiations between the US and Iran will be on their nuclear program,” Deutsche Bank added.
