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Asia markets tumble after Israel carries out limited strike in Iran; oil and gold prices spike - TL;DR CNBC

Asia markets tumble after Israel carries out limited strike in Iran; oil and gold prices spike

Publishing timestamp: 2024-04-19 03:45:11


Summary

Asian markets fell due to escalating tensions in the Middle East, with Taiwan's Weighted Index leading losses. Safe havens rose, gold hit an all-time high, and bitcoin plunged. Oil prices jumped after reports of explosions in Iran. Japan's Nikkei 225 and South Korea's Kospi also declined. Australian-Chinese trade relations are improving. In the US, S&P 500 posted five straight days of losses. Japanese automaker Nissan lowered its sales and profit outlook. Bitcoin mining stocks rose ahead of an imminent "halving" event.


Sentiment: MIXED

Tickers: .TWII.KS11.SZIAUD=7735.T-JP.DXY.AXJO@LCO.11919-SZ6920.T-JP.HSI@CL.1JPY=8035.T-JPXAU=.N2259104.T-JP2343-HK.IXIC316-HKMARA9101.T-JPSPYBTC.CM=NVDA9107.T-JPRIOT.SSEC.SPX7201.T-JP.DJI

Keywords: breaking news: asiawti crude (mar'23)gold / us dollar spotworld marketsusd/jpydxy us dollar currency indexnasdaq compositeice brent crude (apr'23)kospi indexshenzhen component indexpricesbusiness newsaustraliahang seng indexasia economys&p 500 indexmarketsaustralian dollar/us dollar fx spot ratetaiwan weighted indexs&p/asx 200nikkei 225 indexdow jones industrial averagebreaking news: marketseconomic eventsshanghai

Source: https://www.cnbc.com/2024/04/19/asia-markets.html


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