Public Markets 8-Hour Briefing

Market Overview

Asia stocks slid on Monday as the US-Iran strikes battered risk appetite. Gold prices jumped 2% amid the widening conflict. The Singapore dollar weakened against the U.S. counterpart. Bitcoin also slipped.

Commodities & Energy

Soybean oil jumped to a two-year high, tracking crude prices. Oil prices could rise further due to delays in the Strait of Hormuz. Aluminum climbed on supply disruption concerns. Australian LNG shares jumped as the Iran crisis hindered global supply.

Geopolitical Impact

Emerging market currencies and stocks fell on Iran conflict worries. Traders are looking to commodity markets for cues. Japan stocks fell as caution hit sentiment. The UK will let the US use military bases to destroy Iranian missile depots.

Company News & Deals

Magellan Financial will acquire Barrenjoey. Societe Generale appointed Selina Cheung. Lynas jumped on its Malaysian operating license renewal. Wuliangye said its chairman is under detention.

Economic Outlook

Rising oil prices threaten Japan's Prime Minister's agenda. Economists gauge the hit from the Mideast war. The Australian dollar could extend its advance.

Analysis & Commentary

BNP Paribas’ Jason Lui is watching commodity markets. Goldman Sachs says European gas could jump 130%. Julius Baer's Mark Matthews discusses the impact on oil flows. Wendy Sherman shared her views on the conflict.

Policy & Regulation

Indonesia’s central bank is intervening in foreign-exchange markets. China’s five-year plan targets commodities supply fixes.

Other News

Treasuries edged lower. Blue Owl is starting to show cracks. China’s economy slows, encouraging young people to buy cheap apartments.