Global markets rise as war uncertainty in ’ keeps oil high

Leading European indices were in the positive zone in early trading, backed by signs that the final round of US-Iranian talks could approach a breakthrough.

Although the conflict, which has shaken commodity and bond markets since late February, has been wary of false dawns, the prospect of a deal was enough to calm the nerves.

DAX %Increased by 0.64, Deutsche Post AG %With 3.61, he had leading gains. CAC 40 index with support from STMicroelectronics’in %Increased by 0.65 %That's an increase of 3.43. London’da FTSE 100 %A gain of 0.38, while the 3i Group %Euro Stoxx is up by 2.31%, while Euro Stoxx is up by 50%. %It was valued at 0.88.

The euro and pound were generally flat against the dollar, trading at around 9 a.m. at $1,161 and $1,342 on CET’, respectively.

Germany, the eurozone's largest economy in the first quarter of the year %A little more pleased with the announcement of the growth expectation of 0.4 and the improvement of consumer confidence for the month of June; This is a temporarily encouraging signal for an economy that has developed very little in recent times.

Asian markets continue to rise

Tokyo’'s Nikkei 225 index, the four-year low of Japanese inflation in April %With the help of data showing that 1,4’e has fallen %increased by 2.7 to 63,339’a, leading to regional gains; Even if the war in ’ kept energy prices high, it was a significant cooling.

The figures provided markets with breathing space at a time when inflation was a serious global concern.

Taiwanese Taiex Index %Hong Kong's Hang Seng index closes with an increase of 2.2 %The Shanghai Composite index rose by 0.9 to 25,612 points, while the Shanghai Composite index rose by the same margin to 4,122 points. South Korea’nin Kospi index %Up 0.4 to 7,847 points, Australia’'s S&A P/ASX 200 index %Increasing 0.4 to 8.657 points and India’'s Sensex index %It increased by 0.6 to 8,657 points.

The move followed a quiet but positive session on Wall Street’. S&A P 500 %Dow Jones Industrial Average, up 0.2 points to 7,445 %0,6 increments to 50,285 points and Nasdaq %It increased by 0.1 to 26,293 points.

Nvidia, despite better-than-expected quarterly results %lost 1.8% of its value; some analysts still consider the stock as low value; This is a sign that even strong figures are met with caution in the current environment.

Oil climbs as disruption continues in Hormuz’

Oil prices remained under upward pressure. Brent crude oil at European opening 4.97 per barrel with an increase of 2.3 $’a rose to about 70 in late February, when the – conflict began $ While around – U.S. indicator crude oil showed a sharp increase %1.8 up to 98.10 $’a is up.

At the heart of the raid is the Strait of Hormuz, the narrow waterway between Iran and Oman, through which about a quarter of the world's maritime oil trade passes.

Maritime activity here falls well below pre-war levels, and there are few signs of an early return to normal flows as U.S.-Iran talks continue unsolved.

In a note Friday from ING commodity strategists Warren Patterson and Ewa Manthey, “, the markets are still looking for signs of progress in a possible deal between the US and Iran, ” said. “While there are signs of optimism, uncertainty prevails.”

Republican congressional leaders in Washington’ rejected Thursday's planned vote on the Democrats' war powers decision, which would force President Donald Trump ’ to withdraw from the conflict, after it was revealed that they did not have the numbers to invalidate the bill. The vote was postponed until June.

Rising oil prices have directly affected bond markets, where high inflation expectations have raised yields and lowered asset prices.

U.S. 10-year Treasury yield on Friday %At 4.57, the rise threatened to put pressure on stocks, real estate and other interest-sensitive assets around the world. %He went over 4.67’.

The euro traded slightly lower at $1,1605 during the day, while the US dollar rose from 158.98’ to 159.12 Japanese yen.

Lenovo ’ earnings increase by 20%

In corporate news, shares of Lenovo Group’, listed in Hong Kong’, after the tech company's fourth-quarter results far exceeded analyst expectations %It jumped more than 20’.

Income by year %It rose 27 percent to $21.6 billion (18.7 billion euros).

The biggest factor in this was the PC, tablet and smartphone division of Lenovo’; In the revenues of this section, approximately %While 20’ recorded an increase, the PC and smart devices unit recorded its strongest quarterly growth in five years.

Stock Europe’da in the middle of the morning .82 HK with an increase of 20.3$ It was trading at the level (1.87 €).

EasyJet’'s losses deepen as Iran war increases fuel costs and hits bookings

British low-cost airline EasyJet said on Thursday that its losses increased in the six months leading up to the end of March as the Iran war increased jet fuel costs and weakened booking visibility.

The conflict continues to disrupt global aviation; European jet fuel prices since late February due to shipping disruption in the Strait of Hormuz, a vital transit point for about a fifth of the global oil supply %Increased by more than 80’.

Airlines across Europe responded by increasing their fares. reduction of costs and warning of pressure on margins.

EasyJet, in the first half of its fiscal year, compared to the previous year %£377 million (506 million) with 27 increases $) reported total after-tax loss in the amount. The airline said U.S.-Iran tensions also disrupted travel demand.

The airline said the Iran war had also disrupted travel demand and delayed bookings for the busy summer season.

Number of passengers during the reporting period %Comes with 6 increases %It increased by 12 to £3.95 billion (€4.63 billion). The occupancy factor, which is a measure of how full the airline's planes are, compared to the previous year %2 increments %It's up to 90’.

The group said strong growth in the holiday division helped support performance and that the number of customers at easyJet Holidays’ was in the first half. %He said he's up 22.

EasyJet said the conflict in the Middle East’ was affected by high fuel costs and low forward visibility“.

An earlier estimate that the war added £25 million (€29 million) to the fuel bill was confirmed.

Although the group did not see any cuts in fuel supplies, the airline warned that the second half of its fiscal year will be affected by clashes in “Middle East’, high fuel costs and short-term uncertainty over customer demand.

“General bookings for the summer period lagged behind their level at this point last year, ” added.

EasyJet said it was 72 percent protected against increases in fuel prices over the next six months, providing some protection against further increases in oil prices.

The airline also reported an increase of £32 million (€37 million) in legal provisions linked to a number of historic cases.

Kenton Jarvis, chief executive of “, said that EasyJet’ is in a good position to manage the current environment, although conflicts in the Middle East’ have created uncertainty in the short term.

During his meeting with journalists, he added that the minimum ticket prices for the calmer winter season will increase.

Following the update, EasyJet’in shares approx. %2 increased but suffered minor losses in the afternoon.

Hargreaves Lansdown stock analyst Aarin Chiekrie, “, said the image is still compelling”.

“Demand is getting hit; Bookings for the second half are two percentage points below last year's levels, as sun-seekers leave later to lock into their travel plans, ” said.

Even if the conflict in the Middle East is resolved in the near term, fuel prices are likely to remain high for some time, “ added.

Rival airline Ryanair said earlier this week that its annual net profit had increased by more than one-third, but warned that the Iran war is overshadowing its outlook for the coming year.

World markets on the rise with Trump-Xi summit hopes

World stocks rose predominantly on Thursday after Wall Street ’ broke more records as investors closely followed the results of a summit between US President Donald Trump ’ and Chinese leader Xi Jinping in Beijing’.

Trump met Xi at the Great Hall of the People, where U.S.-China relations and Taiwan were discussed, but analysts did not expect great progress. U.S. futures are on the rise.

Europe’'s FTSE 100 Index on early trading in ’, Britain’'s IranDespite the impact of the war in ’, the economy in March was moving faster than expected. ter reporting that it has grown by 0.3%, %It was up 0.3% to 10,351.36.

France’'s CAC 40 index %Germany's DAX index is up 0.6 points to 8.057.64, while ’'s DAX index is up 0.6 points to 8.057.64. %It increased by 1.4 to 24,462.22 points.

Asia’ in TokyoAfter the ’'s Nikkei 225 index briefly hit a new intraday record of over 63,700, supported in part by strong institutional results %1 declined to 62,654,05’e.

South Korea’nin Kospi index %Closed at 7.981.41, up 1.8; This is a new record backed by technology stocks in the AI boom.

The Shanghai Compound index fell 1.5 percent to 4,177.92 points. Hong Kong’'s Hang Seng index remained constant at 26,389.04’. Australia’'s S&A P/ASX 200 index %It increased by 0.1 to 8,640.70 points.

Taiwan’'s Taiex index %0.9, India’'s Sensex index is %It's up 1.1.

Oil prices were mixed as Iran entered the third month of the ’ war without a clear solution.

After U.S. officials said Beijing ’ could use its close economic ties with Tehran ’ to pressure Iran to reopen the ’a Strait of Hormuz, some investors had hoped the Trump-Xi meeting would yield results.

The White House said on Thursday that Trump and Xi’ discussed improving U.S.-China economic cooperation and that both sides agreed that the Strait of Hormuz ’ should remain open.

International indicator Brent crude oil, about 70 years before the Iran war, which began in late February $Compared to ’a (59.79 €) 5.87 per barrel with an increase of 0.2 $’a (€90.42) rose.

Supply losses from the strait are depleting global oil stocks at a record pace, the International Energy Agency said on Wednesday. Indicator US crude oil %It was down 0.2 to $100.86 per barrel (€86.14).

Investors were also monitoring updates on China’'s imports of Nvidia’'s advanced H200 chips after CEO Jensen Huang’, along with Tesla’'s Elon Musk and Apple’'s Tim Cook, were approved as part of Trump’'s Chinese delegation.

U.S. business leaders from ’ met with Chinese Prime Minister Li Qiang on Thursday afternoon.

On Wednesday, tech stocks spearheaded the rise of Wall Street’. The S&P 500 index rose 0.6 percent to an all-time high of 7.444.25 points, while the Nasdaq composite index rose 1.2 percent to its own record of 26,402.34 points. The Dow Jones industrial average %It declined 0.1 to 49,693.20 points.

U.S. 10-year Treasury bond yield %from 4.47’den %4.46’ya declined, but it was roughly the same as seen before the start of the Iranian war. %3.97’nin remained well above.

A report released on Wednesday showed that U.S. wholesale prices rose in April as a result of the energy shock caused by the Iran war.

The U.S. Senate also approved the replacement of Jerome Powell ’, who Trump ’ has repeatedly criticized for failing to lower interest rates faster or deeper, with Kevin Warsh’ running for Federal Reserve ’.

The US dollar rose from 157.86 Japanese yen to 157.91 Japanese yen. Euro of 1,1711$1,1709 with little drop from ’$Traded from ’ (1€).

Germany forecasts GDP due to impacts of Iran war %1’den %Dropped 0.5’e

On Wednesday, German Minister of Economic Affairs and Energy Katherina Reiche said there was a sharp decline in the projected GDP ’ and that the 2026 growth target was %0.5’e announces withdrawal.

This was first predicted in January. %1’ represents a sharp decline from the growth rate and marks a long period of stagnation for the Eurozone's economic engine.

According to the latest figures released by the German government, the outlook for 2027’ has also been negative; Growth forecasts before %Estimated at 1.3 %Reduced to 0.9’.

This official approval comes after days of speculation about the resilience of the German industrial model in the face of rising global tensions.

Officials at Berlin’ noted that a downward revision was inevitable and that the main catalyst for this economic contraction was the ongoing Iranian war, which triggered a major energy shock across the continent.

Germany, as a major industrial center, is particularly susceptible to fluctuations in oil and gas prices; In both cases, there has been an increase in prices since the beginning of hostilities.

Government reports state that the effects of the “Iran war have disrupted ” supply chains and increased raw material costs, making it difficult for German exporters to remain competitive at the global stage.

The uncertainty surrounding the war also led to a noticeable “wait and see ” approach among private investors. Many firms have opted to suspend major expansion projects for fear that a wider regional tension could lead to more volatility in the market.

This lack of investment, coupled with high household energy bills that reduce domestic consumption, has created a pincer movement over the German economy.

Italy follows the same path as fiscal adjustments

Germany is not the only major European ​​ power that has had to adjust its expectations; The Italian government also moved to lower its economic outlook on Wednesday.

Italy forecasts GDP growth in 2026 %Estimated at 0.7 %It dropped to 0.6’.

Italian officials have noted that the “Iran war has placed a heavy burden on their financial planning, especially because the country is highly susceptible to fluctuations in energy prices.

Italian Economy Minister Giancarlo Giorgetti, referring to the Iran war, said “We are facing completely exceptional conditions, not normal.

While Giorgetti highlighted the current uncertainty surrounding the forecasts, “ added that unfortunately the figures will likely need to be reviewed, adjusted and updated in the coming weeks.

Giorgetti also said that the budget deficit was seen at 2.9 percent ’ of GDP this year, above the previous target of 2.8 percent ’, and would fall to only 2.8 percent ’e in 2027’ compared to the previous target of 2.6 percent.

Earlier on Wednesday, the Italian national statistical bureau confirmed that Italy’ had announced a budget deficit of 3.1’i of 2025’te GDP, which frustrated Roma’'s hopes of exiting the EU disciplinary procedure this year due to the ’ over“ deficit.

Simultaneous grade drops in Berlin and Roma’ point to a wider systemic weakness across the Eurozone.

As energy-intensive industries struggle to cope with the new geopolitical reality, the prospect of a rapid economic recovery across the continent seems increasingly remote.