
K KARTHIK RAJA
June 16, 2025 at 03:31 AM
*Global Cues | GIFT Nifty Trades with Positive Bias; Crude, Gold Rise* - 16.06.2025
* Israel targeted multiple energy facilities in Iran over the weekend.
* Iran-Israel conflict escalates into the 4th consecutive day, with no resolution in sight.
* Iran refuses ceasefire talks while under Israeli attack.
* Asian markets rise despite mounting geopolitical tensions.
* GIFT Nifty trades with a positive bias, indicating strong start for Indian equities.
* US futures rebound after sharp losses on Wall Street last Friday.
* Major US indices dropped over 1% on Friday amid rising conflict concerns.
* Wall Street ends the week with losses as Middle East tensions escalate.
* European markets declined Friday following Israel's air strikes on Iran.
* US 10-year Treasury yield climbs to 4.41%.
* US Dollar strengthens on increased safe-haven buying.
* Crude oil prices surge due to ongoing Israel-Iran conflict.
* Gold prices rally on strong safe-haven demand.