Read, Watch or Listen

Rising tensions between Israel and Iran, fueled by continued attacks and strong rhetoric, are creating global market uncertainty. The potential US involvement, warned by Russia to be highly escalatory, is causing concern. While US markets were closed for a holiday, futures fell, and European travel and leisure stocks were hit hard. Despite this, the Paris Air Show saw significant aircraft orders for Airbus, though these deals reflect long-term contracts rather than immediate market confidence. Market stability hinges on the US's decision regarding potential strikes on Iran.

Prepared by Christopher Adams and reviewed by editorial team.