The Federal Reserve will release its June rate decision on Wednesday, with the market expecting the central bank to hold interest rates steady. Bank of America Securities senior US economist Stephen Juneau and Ritholtz Wealth Management chief market strategist Callie Cox join Morning Brief to discuss their expectations for the Fed meeting as geopolitical tensions in the Middle East rise.

Oil prices surged, stocks dropped and investors flocked to safe havens like gold on Friday after tensions between Israel and Iran escalated, stoking concerns of a broader conflict in the region.

What is the biggest US crypto news today? JPMorgan says an attack on Iran could spike oil prices to $120, driving US CPI inflation to 5%.

US markets closed in red on June 11, 2025, influenced by modest inflation, a U.S.-China trade truce, and rising oil prices from Middle East tensions.

The benchmark indices rallied on Monday despite the ongoing war between Iran and Israel. Sensex jumped 677 points to 81,796, while the broader Nifty closed 228 points higher at 24,946. Investor wealth rose by Rs 3 lakh crore to Rs 450.18 lakh crore on BSE today against Rs 447.21 lakh crore on Friday.

Rising oil prices, tariffs, and high debt levels are reigniting stagflation risks. Read more on strategies to navigate inflation and economic stagnation.

The dollar, which has lost around 10% in value against a basket of currencies this year, fell to its lowest since April 2022, as weaker-than-expected U.S. inflation data for May suggested that the Federal Reserve could resume cutting interest rates sooner rather than later.

Wall Street buckled as reports of Iran’s retaliation for Israel’s attack on its nuclear facilities deepened concerns that the conflict is escalating, with oil jumping and stocks taking a hit.

Israel and Iran are on the brink of war once again! But why did this geopolitical risk push the Indian stock market into a frenzy of selling on Friday? And will the trend continue next week?

Iran has been battling an acute energy crisis for months because of gas shortages, and repairing any damage would both be costly and take significant time.