Global Markets Rise Amid Iran-Israel Conflict
Irvine News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Global markets mostly rose on Thursday, despite fresh Iran-Israel missile strikes, as crude oil prices surged. Brent crude jumped 1.8% to $82.87 per barrel, while U.S. benchmark WTI gained 2.1% to $76.31. European markets edged higher, with Germanys DAX up 0.2%, Frances CAC 40 up 0.3%, and Britains FTSE 100 adding 0.4%. In Asia, South Koreas Kospi surged 9.6% after government emergency measures, while other indexes like Shanghai and Taiwan also advanced. The U.S. dollar strengthened against currencies like the yen and euro, seen as safe havens amid uncertainty.
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