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US:

US markets ended lower on Friday, with investors on edge over the Iran-Israel conflict heading into the weekend, as the U.S. considers whether to get involved.

Asia:

Asia-Pacific markets declined Monday, after the US attack on three nuclear sites in Iran raised oil prices and investors fears of an escalation in the Middle East conflict.

India:

Indian stock market benchmarks, the Sensex and Nifty 50, registered strong gains on Friday, despite rising tensions between Israel and Iran. Market is expected to open on a gap down note and likely to witness sideways move during the day.

Global economy: 

China condemned the U.S. attacks on Iran’s nuclear facilities over the weekend, with Beijing calling on Israel to reach a ceasefire as soon as possible. China “strongly condemns the U.S. attacks on Iran and bombing of nuclear facilities under the safeguards of the International Atomic Energy Agency, according to comments from a Chinese foreign ministry spokesperson carried by state media. The U.S. over the weekend attacked three key nuclear facilities in Iran, with the stated goal of halting the country’s nuclear ambitions. Britain will aim to cut the electricity bills of thousands of companies under a new industrial strategy to be published on Monday, heeding calls from business to lower high energy costs that they say have damaged competitiveness and hindered growth. Under an industrial strategy for the decade 2025-2035, the government plans to cut the bills of electricity-intensive manufacturers by up to 25% from 2027, a move it said could benefit more than 7,000 businesses. The government has made boosting Britain’s anaemic growth a key priority.

Commodities:

Oil prices jumped on Monday to their highest since January as Washington's weekend move to join Israel in attacking Iran's nuclear facilities stoked supply worries. Gold prices inched higher on Monday as investors turned to safe-haven assets amid growing fears of a broader Middle East conflict, with markets closely watching for Iran's response to U.S. attacks on its nuclear sites.

Currency:

The U.S. dollar firmed slightly on Monday as anxious investors sought safety, although the moves were muted so far suggesting markets were waiting for Iran's response to U.S. attacks on its nuclear sites that have exacerbated tension in the Middle East.

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