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June 20, 2025 at 06:41 AM
*Good Morning ☕ Market News Update*
Dive into the heart of the financial world with our latest Market News Update. Stay informed and one step ahead! Happy Trading!
📊 Market Update – Friday, 20 June 2025
Asia:
Asian markets edged up as initial fears of a U.S. strike on Iran subsided, easing safe‑haven demand.
Japan’s Nikkei 225 rose 0.3%, helped by weaker oil.
Hong Kong’s Hang Seng and South Korea’s Kospi both gained ~1%, buoyed by stimulus plans from South Korean President Lee Jae Myung.
China’s stock markets also saw modest gains, while official lending rates remained unchanged.
U.S.:
U.S. markets were closed on Thursday in observance of Juneteenth, leaving limited direct sentiment contribution. Futures showed a mild dip reflecting global risk-off.
Oil:
Brent crude prices pulled back 2.1% to $77.23/barrel, retreating from mid-week highs on easing attack fears.
Forex:
The U.S. dollar saw a weekly rise while stabilizing on Friday.
EUR/USD weakened slightly after earlier gains, hovering around 1.150.
JPY strengthened mildly amid reduced Middle East tensions.
Gold:
Gold prices fell 0.5% to $3,355.49/oz, marking a 2.2% drop for the week, as a firm dollar and the Fed’s cautious but steady stance weighed on safe‑haven flows.