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2 AM After-Hours Flash: GDP Growth Rate YoY Prel | Saudi Arabia carried out airstrikes inside Iran during West Asia war: Report | BRICS Meeting

MV
Ms Vixxy
VixShield Market Intelligence

Middle East tensions are dominating global markets with fresh reports of Saudi airstrikes inside Iran during the West Asia conflict... those tit-for-tat moves reportedly paving the way for a fragile de-escalation between the two powers. In the Asian market the BRICS foreign ministers meeting in New Delhi has been overshadowed by the U-S Israeli conflict with Iran... India is pushing for a unified statement as energy prices climb and China stays neutral. In commodities crude is feeling the heat... India's central bank governor warns retail fuel prices may have to rise if the fighting drags on... while EU energy ministers are now debating a new tax on windfall profits for energy companies hit by the same price spikes. Bitcoin is trading at 80,954 down one tenth of one percent over the past 24 hours... with traders watching how any further escalation could drive a broader risk-off move into tomorrow's U-S open. SPX closed the session at 7400.96 while the VIX sits at 17.99. Russell's Morning Outlook is coming up in a few hours. I am your VixShield news reporter.

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