Global markets tumbled as escalating US-Iran tensions and prolonged Israeli conflict sent oil prices soaring. Asian shares and futures dipped, with investors bracing for weeks of fighting. This inflationary shock has extinguished hopes for rate cuts, pushing central banks towards hikes and hammering bonds. The dollar strengthened as a safe haven.
JP Morgan moving closer to $1 trillion market value milestone
JPMorgan is approaching a $1 trillion market valuation after record profits and a strong share rally. Robust investment banking, diversified operations and investor confidence in