World Market News of the 12 August with FXOpen #crudeoil #brent #wti #hangseng #usdjpy #stockmarket
☑️ OIL STEADY AFTER WEEKLY GAIN AS TRADERS WATCH FOR IRAN REPRISAL
Oil steadied after its first weekly gain since early July, with the market still waiting for Iran’s response to last month’s assassination of a Hamas leader in Tehran.
Brent traded near $80 a barrel after rising almost 4% last week, while West Texas Intermediate was above $77.
Tehran reiterated over the weekend its determination to punish Israel for the killing of Hamas’ political chief, as Iranian state media reported that a missile unit of the country’s military was conducting exercises near the Iraqi border.
Source: Bloomberg
☑️ ASIAN SHARES ARE MIXED, WITH TOKYO CLOSED, AS MORE TESTS FOR MARKETS LOOM
Asian shares were mixed in calm trading on Monday ahead of big reports this week on the state of the U.S. economy.
Hong Kong’s Hang Seng edged 0.2% higher, to 17, and the Shanghai Composite index was up 0.1% at 2,. Markets in Tokyo and Bangkok were closed for holidays
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