20260901 Global Economic Issues

🗂NY Stock Market's 3 Major Indices Fall Together Amid US-Iran Geopolitical Clash As armed conflict between the US and Iran resumes in the Middle East, risk aversion in financial markets has sharply intensified. All three major New York stock indices, including the Dow Jones, plummeted, significantly increasing market volatility from the start of the week. 🗂International Oil Prices Surge Over 2% and Re-exceed $90 Amid Middle East Geopolitical Tensions Concerns over supply disruptions due to renewed tensions in the Strait of Hormuz and the Middle East have caused international oil prices to surge by more than 2%, surpassing the $90 per barrel mark again. The oil price hike has further heightened concerns about the resurgence of inflation. 🗂Long-Term US Treasury Yields Rise, Global Inflation Worries Re-emerge In the wake of soaring oil prices and the US-Iran clash, long-term interest rates, including the 30-year US Treasury yield, have resumed their upward trend, reaching around 5.26%. The combination of a hawkish Federal Reserve stance and rising oil prices continues to exert upward pressure on interest rates.