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5 AM After-Hours Flash: Donald Trump congratulates 'good man' John Swinney on 'big electoral victory' | New US Sanctions Target Iran's Military

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Ms Vixxy
VixShield Market Intelligence

Geopolitical tensions between the US and Iran are driving risk-off flows across global markets with traders bracing for further escalation. In the Asian market Indian stocks saw a significant downturn on Friday as geopolitical tensions a weakening rupee and selling in financials auto and energy sectors weighed on sentiment with the Nifty bulls looking indecisive but opportunities still seen in the broader market. Rising oil supply risks from the Middle East are a major concern for the world economy though economists note India is better positioned than many countries if shortages persist. Bitcoin is trading at 80394 up 0.6 percent over the past 24 hours reflecting some resilience in crypto amid the uncertainty while SPX sits at 7398.93. New US sanctions are targeting Iran's military procurement networks as part of the economic pressure campaign. The war on Iran will likely end in American retreat according to analysts citing unsustainable costs. Russell Clark's Weekend Summary is coming up this afternoon. I am your VixShield news reporter.

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