US equity futures saw moderated declines amidst President Trump’s consideration of military support for Israel against Iran. Markets displayed uncertainty, with potential US involvement and energy-driven inflation posing risks. Brent crude experienced a fall, while the yen strengthened against the dollar, reflecting investor caution.
Asian stocks advance as Fed’s rate cut lifts mood
Asian markets followed Wall Street higher after the US Federal Reserve lowered interest rates. Fed Chair Jerome Powell indicated confidence in the US economy’s future.