Geopolitics:
The US launched airstrikes on Iran, raising global tensions. Iran has vowed to retaliate, and Israel isn’t backing down. Trump warned of more action if Iran doesn’t make peace. The US issued a global travel alert, airlines are avoiding the Gulf, and Japanese banks may pull staff from the region. Oil is in focus, especially with tankers avoiding the Strait of Hormuz.
Markets:
Reactions were calm overall. The US dollar gained, oil prices rose briefly, and stock futures were mixed as investors waited to see what Iran does next.
Corporate News:
BNY Mellon is reportedly in talks to merge with Northern Trust, which could lead to a major deal in the banking sector.
Tesla launched its first robotaxi service in part of Austin, aiming to spark new growth after a sales slump.
Key Support and Resistance Levels
Resistance Level 1: 6018
Resistance Level 2: 6043
Resistance Level 3: 6070
Support Level 1: 5910
Support Level 2: 5870
Support Level 3: 5845
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
The US launched airstrikes on Iran, raising global tensions. Iran has vowed to retaliate, and Israel isn’t backing down. Trump warned of more action if Iran doesn’t make peace. The US issued a global travel alert, airlines are avoiding the Gulf, and Japanese banks may pull staff from the region. Oil is in focus, especially with tankers avoiding the Strait of Hormuz.
Markets:
Reactions were calm overall. The US dollar gained, oil prices rose briefly, and stock futures were mixed as investors waited to see what Iran does next.
Corporate News:
BNY Mellon is reportedly in talks to merge with Northern Trust, which could lead to a major deal in the banking sector.
Tesla launched its first robotaxi service in part of Austin, aiming to spark new growth after a sales slump.
Key Support and Resistance Levels
Resistance Level 1: 6018
Resistance Level 2: 6043
Resistance Level 3: 6070
Support Level 1: 5910
Support Level 2: 5870
Support Level 3: 5845
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.