Global Markets
Oil leads the global tape, Asia and Europe split
Most major non-U.S. benchmarks stay mixed as crude and rates dominate sentiment.
Global equities put in a mixed session. In Asia, the Nikkei 225 rises 1.2%, the Hang Seng adds 0.6%, the Kospi jumps 2.5%, and the Sensex gains 1.1%. Shanghai Comp. falls 1.0%. In Europe, the FTSE 100 is flat, the DAX slips 0.2%, the CAC 40 edges up 0.1%, and the Stoxx 600 is basically unchanged at 0.0%.
The split mirrors the market’s crosscurrents. CNBC World says Brent oil jumps more than 9% after Trump reinstates an Iran blockade, and that kind of move tends to reward energy exposure while pressuring parts of the broader risk complex. CNBC Markets also says the UN maritime agency opposes transit fees after the Hormuz headlines, keeping the shipping story front and center.
Commodity moves tell the bigger story. WTI crude rises 9.3% to 78.04 and Brent rises 9.4% to 83.15. At the same time, gold falls 2.3% to 4,011.0 and silver drops 3.0% to 58.005, suggesting traders are not just chasing safety, they are repricing a specific oil shock. Copper rises 0.6% to 6.2695, one of the few industrial metals to finish higher.
The dollar strengthens on the session, with the Dollar index up 0.3% to 101.282. EUR/USD falls 0.4% to 1.1386, GBP/USD drops 0.5% to 1.3348, and USD/CHF rises 1.0% to 0.8146. USD/JPY is basically flat, up 0.1% to 162.44. Among commodity-linked and emerging-market currencies, AUD/USD slips 0.3% to 0.6922 and USD/ZAR rises 0.8% to 16.4503.