Reported about 17 hours ago
The ongoing conflict between Israel and Iran has led to a spike in oil prices and a dip in global stocks, as investors react to disappointing U.S. economic data and anticipate the Federal Reserve's policy decision. As tensions rise, there's a noted decline in foreign central banks' holdings of U.S. Treasuries, signaling a shift away from dollar-denominated assets. The market's cautious sentiment is compounded by concerns over potential tariff impacts and slower economic growth.
Source: YAHOO