Iran Strikes and UK Gilt Test Weigh on Dow, Inflation Surprises
The Dow Jones fell for a third consecutive session, absorbing the 52,000 level, as geopolitical tensions from Iran strikes and a UK gilt test against inflation surprises weighed on sentiment.
The Dow Jones Industrial Average extended its losing streak to three sessions, with the index absorbing the 52,000 level. Further underperformance is anticipated as geopolitical risks mount following strikes in Iran.
In the UK, the gilt market faces a key test amid inflation surprises, adding to the cautious tone across global markets. The combination of rising geopolitical tensions and bond market pressures is contributing to risk-off positioning.
Source: FXStreet Forex News