Escalating Middle East conflict fuels demand for safe-haven U.S. dollar, poised for steepest weekly gain in over a year. Rising oil prices and inflation risks are impacting the euro and yen. Uncertainty over Iran’s future and potential U.S. involvement is a key concern for global markets.
These stocks defy market volatility, extend rally beyond US-Iran ceasefire
The US-Iran war, which commenced on February 27, caused significant volatility in the equity markets, impacting key benchmarks. By October, the Nifty 50 index exhibited