Finprime Pro Market Trends

UAE adviser Anwar Gargash dismisses any unilateral Iranian guarantees over the Strait of Hormuz as the war enters its third month. Brent traded near $111 after a four-year intraday high of $126, with 20% of global oil and gas flows still bottled up.

Mojtaba Khamenei's appointment as Iran's supreme leader consolidates hardline power, dimming ceasefire hopes. Oil tops $100/bbl as Hormuz disruptions take 20% of global supply offline.

Global markets opened sharply lower on Monday as coordinated US-Israeli military strikes against Iran sent oil prices surging above 8%, drove gold to record highs near $5,400, and sparked a broad flight to safety across asset classes.

President Trump used his State of the Union address to issue a firm nuclear ultimatum to Iran, rattling oil markets and injecting fresh geopolitical risk premium into crude prices ahead of Geneva talks.

The Supreme Court ruled 6-3 that Trump exceeded his authority with sweeping IEEPA tariffs. Stocks rallied on the news, but gains were tempered as the president immediately announced a replacement 10% global levy under Section 122.

A wave of IPO downsizes and withdrawals — including Clear Street, Agibank, and Liftoff Mobile — signals that 2026's expected listing boom is running into stiff headwinds from software selloffs and valuation scrutiny.

Gold surged past $5,000 per ounce for the first time, gaining 27% in three weeks as the debasement trade — driven by central bank de-dollarization, record ETF inflows, and threats to Fed independence — reshapes global reserve demand.

U.S. 10-year yield fell 8bps to 4.18% after May CPI surprised to the downside. Market now prices two Fed cuts by December.

DXY fell 0.6% to 103.8, its lowest in three weeks. EUR/USD reclaimed 1.09 as rate differentials narrow. EM currencies broadly firmer.

WTI fell to $77.20 as IEA revised global demand growth lower. U.S. inventories rose for the third straight week. OPEC+ compliance slipping.

BTC topped $71,000 for the first time since March. Spot Bitcoin ETFs saw $890M of net inflows in a single session. Ethereum lagged at $3,840.

The CBOE Volatility Index hit 12.5, signaling extreme complacency. Put/call ratio at 0.62. Historically, sub-13 VIX has preceded corrections within 3 months.

LME copper surged to $10,250/tonne on reports Beijing is preparing a $140B infrastructure spending package. Mining stocks rallied across the board.