{"id":76418,"date":"2025-06-13T15:36:08","date_gmt":"2025-06-13T05:36:08","guid":{"rendered":"https:\/\/www.icmarkets.com\/blog\/?p=76418"},"modified":"2025-08-05T18:36:37","modified_gmt":"2025-08-05T08:36:37","slug":"friday-13th-june-2025-asia-pacific-markets-drop-amid-escalating-middle-east-tensions","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com\/blog\/friday-13th-june-2025-asia-pacific-markets-drop-amid-escalating-middle-east-tensions\/","title":{"rendered":"Friday 13th June 2025: Asia-Pacific Markets Drop Amid Escalating Middle East Tensions"},"content":{"rendered":"\n<h3><br \/>Global Markets:<\/h3>\n\n\n\n<ul>\n<li>&nbsp;Asian Stock Markets : Nikkei down 1.12%, Shanghai Composite down 0.7%, Hang Seng down 0.69% ASX down 0.38%<\/li>\n\n\n\n<li>Commodities : Gold at $3449.35 (1.49%), Silver at $36.68 (0.19%), Brent Oil at $77.8 (8.39%), WTI Oil at $73.8 (8.3%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.343, UK 10-year yield at 4.4850, Germany 10-year yield at 2.4780<\/li>\n<\/ul>\n\n\n\n<h3>News &amp; Data:<\/h3>\n\n\n\n<ul>\n<li>(USD) Core PPI m\/m&nbsp; 0.1%&nbsp; to 0.3% expected<\/li>\n\n\n\n<li>(USD) PPI m\/m&nbsp; 0.1%&nbsp; to 0.2% expected<\/li>\n\n\n\n<li>(USD) Unemployment Claims&nbsp; 248K&nbsp; to 242K expected<\/li>\n<\/ul>\n\n\n\n<h3>Markets Update:<\/h3>\n\n\n\n<p>Asia-Pacific markets declined Friday after Israel launched airstrikes on Iran targeting its nuclear facilities, raising fears of wider conflict. Iran has vowed to retaliate, heightening geopolitical tensions across global markets.<\/p>\n\n\n\n<p>Japan\u2019s Nikkei 225 fell 1.12% and the Topix lost 0.96%. South Korea\u2019s Kospi slid 0.98%, while the Kosdaq tumbled 2.91%. Australia\u2019s S&amp;P\/ASX 200 dipped 0.23%. In Greater China, Hong Kong\u2019s Hang Seng dropped 0.72% and mainland China\u2019s CSI 300 also slipped 0.72%. In India, the Nifty 50 shed 1.01% and the BSE Sensex declined 1.42%.<\/p>\n\n\n\n<p>The Israeli defense minister declared a \u201cspecial situation,\u201d and U.S. officials confirmed Israel acted without American involvement. Defense Minister Israel Katz warned of an imminent missile and drone attack from Iran.<\/p>\n\n\n\n<p>Oil prices surged on the news, with U.S. West Texas Intermediate jumping 10.21% to $74.99 per barrel and Brent crude rising 10.28% to $76.48. MST Marquee\u2019s Saul Kavonic noted that markets had underestimated geopolitical risks, which are now becoming more tangible. He suggested the attacks might pressure U.S.-Iran talks before de-escalation.<\/p>\n\n\n\n<p>In the U.S., stock futures dipped late Thursday as tensions escalated. However, cooler-than-expected inflation data boosted investor confidence. May\u2019s producer prices rose just 0.1%, below the 0.2% forecast, following a similarly soft consumer inflation report earlier in the week.<\/p>\n\n\n\n<p>Despite geopolitical jitters, U.S. stocks closed higher overnight. The S&amp;P 500 gained 0.38%, the Nasdaq advanced 0.24%, and the Dow Jones added 101.85 points, buoyed by strong tech performance led by Oracle.<\/p>\n\n\n\n<h3>Upcoming Events:&nbsp;<\/h3>\n\n\n\n<ul>\n<li>12:30 AM GMT &#8211; CAD Manufacturing Sales m\/m<\/li>\n\n\n\n<li>12:30 AM GMT &#8211; CAD Wholesale Sales m\/m<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: News &amp; Data: Markets Update: Asia-Pacific markets declined Friday [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":77277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[196,215,339],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/76418"}],"collection":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/comments?post=76418"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/76418\/revisions"}],"predecessor-version":[{"id":76428,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/76418\/revisions\/76428"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media\/77277"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media?parent=76418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/categories?post=76418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/tags?post=76418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}