Latest news with #MiddleEastTensions
CTV News
2 hours ago
- Business
- CTV News
Global equity funds log biggest outflows in three months on Mideast tensions
Flames rise from an oil storage facility after it appeared to have been hit by an Israeli strike in Tehran, Iran, early Sunday, June 15, 2025. (AP Photo/Vahid Salemi) Global equity funds recorded net outflows of $19.82 billion for the week ended June 18, the largest in three months, as escalating Middle East tensions and lingering uncertainty over U.S. trade policies dampened investor sentiment. Investors divested a net US$19.82 billion from global equity funds during the week, according to LSEG Lipper data. U.S. equity funds led regional outflows with net sales of US$18.43 billion, their steepest withdrawal in three months. Asia saw outflows of US$2.86 billion, while Europe recorded net inflows of US$640 million. Despite broader outflows, equity sectoral funds attracted US$573 million in net inflows, the fourth straight week of purchases. Tech and industrials led sectoral gains with a net US$1.5 billion and US$752 million in inflows, respectively, while financials saw nearly US$1.5 billion of net outflows. Global bond funds were popular for the ninth consecutive week, attracting around US$13.13 billion in net inflows. Euro-denominated bond funds drew US$3.07 billion in net inflows, following US$7.97 billion of inflows in the prior week. Investors also lapped up short-term and high-yield bond funds, which garnered US$2.93 billion and US$1.94 billion, respectively. In contrast, investors pulled out a net US$2.7 billion from money market funds after about US$4.1 billion of net sales in the previous week. Demand for gold and precious metals commodity funds surged to the highest in two months during the week as these funds received US$2.84 billion in net inflows. Emerging market bond funds attracted net inflows of US$2.5 billion, with demand extending to an eighth successive week. Investors, however, withdrew US$234 million from equity funds, according to data for 29,726 funds. --- Reporting by Gaurav Dogra in Bengaluru; Editing by Harikrishnan Nair
Time of India
3 hours ago
- Politics
- Time of India
Vivo T4 Ultra: Beautiful Outside, Powerful Inside
Fire & Destruction: Iran Ballistic Missile Hits Beersheba For A Second Day In A Row, Causes Panic An Iranian ballistic missile has once again struck the southern Israeli city of Beersheba, triggering explosions and fires near the Gav-Yam Negev tech park. Air raid sirens blared moments before the impact, and video footage shows flames engulfing several vehicles near a residential complex. Though there were no injuries reported, the attack caused significant property damage and widespread panic. The Israeli military confirmed it detected the missile launch from Iran and activated air defense systems. Firefighters are currently working to control multiple blazes in the area. This marks another escalation in Iran's ongoing missile campaign against Israel.#IranMissileStrike #IsraelUnderAttack #MiddleEastTensions #IranVsIsrael #BallisticMissiles #BreakingNews #sorokahospital #MissileAttack #DaylightStrike #IDF #BEERSHEBA 7.7K views | 6 hours ago
Time of India
7 hours ago
- Politics
- Time of India
US Senate Clash Goes Viral; Hegseth Screams But Struggles To Answer Senator Slotkin
Fire & Destruction: Iran Ballistic Missile Hits Beersheba For A Second Day In A Row, Causes Panic An Iranian ballistic missile has once again struck the southern Israeli city of Beersheba, triggering explosions and fires near the Gav-Yam Negev tech park. Air raid sirens blared moments before the impact, and video footage shows flames engulfing several vehicles near a residential complex. Though there were no injuries reported, the attack caused significant property damage and widespread panic. The Israeli military confirmed it detected the missile launch from Iran and activated air defense systems. Firefighters are currently working to control multiple blazes in the area. This marks another escalation in Iran's ongoing missile campaign against Israel.#IranMissileStrike #IsraelUnderAttack #MiddleEastTensions #IranVsIsrael #BallisticMissiles #BreakingNews #sorokahospital #MissileAttack #DaylightStrike #IDF #BEERSHEBA 5.0K views | 2 hours ago
Yahoo
7 hours ago
- Business
- Yahoo
FTSE 100 LIVE: Markets upbeat as UK and EU begin talks on Iran and Trump sets two week deadline
The FTSE 100 (^FTSE) and European indices were higher on Friday morning as Western powers moved to decide how they would involve themselves in the conflict between Iran and Israel. Tensions in the Middle East remain high, with markets in the US on edge over a potential decision by president Donald Trump. The White House press secretary relayed a message from the president that a decision would come within two weeks. Meanwhile, leaders from the UK and EU are set to meet with Iranian officials. UK foreign secretary David Lammy is travelling to Geneva for a meeting with his French and German counterparts, as well as Iranian foreign minister Abbas Araghchi. London's premier index rose 0.3% in early trade, despite concerning retail sales data. Top risers in the index were Melrose Industries (MRO.L) and Standard Chartered (STAN.L). The DAX (^GDAXI) in Germany gained 0.7%. In Paris the CAC 40 (^FCHI) tipped 0.7% higher The pan-European STOXX 600 (^STOXX) rose 0.5%. Oil prices have been volatile this week with worries about supply ramping up. On Friday, they were relatively calm, with brent crude (BZ=F) slightly above the flatline, at $76.74 a barrel. West Texas Intermediate (CL=F) was 0.2% lower, trading at the $75 per barrel mark. Stocks: Create your watchlist and portfolio Follow along for live updates throughout the day Pedro Goncalves writes: The Treasury borrowed more than expected in May, prompting fresh warnings from economists that autumn tax rises are 'increasingly likely'. Figures from the Office for National Statistics (ONS) showed that public sector net borrowing reached £17.7bn last month — £600m higher than the £17.1bn forecast by the Office for Budget Responsibility (OBR), and £700m above the same month in 2024. ONS deputy director for public sector finances Rob Doody said: 'Last month saw the public sector borrow £700m more than at the same time last year, with only 2020, affected as it was by Covid-19, seeing higher May borrowing in the time since monthly records began. 'While receipts were up, thanks partly to higher income tax revenue and national insurance contributions, spending was up more, affected by increased running costs and inflation-linked uplifts to many benefits.' Despite May's overshoot, borrowing for April and May combined stood at £37.7bn — £2.9bn lower than the OBR's cumulative forecast for the first two months of the 2025–26 fiscal year. Nonetheless, analysts warn the chancellor Rachel Reeves may face difficult decisions ahead. Why bitcoin and gold are rallying as bond yields hit 30-year highs Looming petrol price increase could hit fragile consumer confidence 8 homes with film and TV links US stock futures edged lower Friday as investors weighed the possibility of direct US military involvement in the Israel-Iran war. President Trump on Thursday introduced a self-imposed two week time limit on his decision to enter the conflict, adding another layer of uncertainty to an already cautious market. Dow Jones Industrial Average futures (YM=F) were down over 150 points, or 0.4%, while S&P 500 futures slid 0.2% (ES=F) and Nasdaq 100 (NQ=F) futures dipped 0.1%. Markets were closed Thursday in observance of Juneteenth, offering investors a brief pause as global headlines grew more volatile. Read more on Yahoo Finance Hello from London. Lucy Harley-McKeown here. Gearing up to bring you the latest business and markets news. This morning we've already had UK retail sales data. We're also keeping an eye on the UK consumer confidence barometer from GfK. Elsewhere, the Iran-Israel conflict Goncalves writes: The Treasury borrowed more than expected in May, prompting fresh warnings from economists that autumn tax rises are 'increasingly likely'. Figures from the Office for National Statistics (ONS) showed that public sector net borrowing reached £17.7bn last month — £600m higher than the £17.1bn forecast by the Office for Budget Responsibility (OBR), and £700m above the same month in 2024. ONS deputy director for public sector finances Rob Doody said: 'Last month saw the public sector borrow £700m more than at the same time last year, with only 2020, affected as it was by Covid-19, seeing higher May borrowing in the time since monthly records began. 'While receipts were up, thanks partly to higher income tax revenue and national insurance contributions, spending was up more, affected by increased running costs and inflation-linked uplifts to many benefits.' Despite May's overshoot, borrowing for April and May combined stood at £37.7bn — £2.9bn lower than the OBR's cumulative forecast for the first two months of the 2025–26 fiscal year. Nonetheless, analysts warn the chancellor Rachel Reeves may face difficult decisions ahead. Why bitcoin and gold are rallying as bond yields hit 30-year highs Looming petrol price increase could hit fragile consumer confidence 8 homes with film and TV links US stock futures edged lower Friday as investors weighed the possibility of direct US military involvement in the Israel-Iran war. President Trump on Thursday introduced a self-imposed two week time limit on his decision to enter the conflict, adding another layer of uncertainty to an already cautious market. Dow Jones Industrial Average futures (YM=F) were down over 150 points, or 0.4%, while S&P 500 futures slid 0.2% (ES=F) and Nasdaq 100 (NQ=F) futures dipped 0.1%. Markets were closed Thursday in observance of Juneteenth, offering investors a brief pause as global headlines grew more volatile. Read more on Yahoo Finance Hello from London. Lucy Harley-McKeown here. Gearing up to bring you the latest business and markets news. This morning we've already had UK retail sales data. We're also keeping an eye on the UK consumer confidence barometer from GfK. Elsewhere, the Iran-Israel conflict continues. Sign in to access your portfolio
Yahoo
8 hours ago
- Business
- Yahoo
FTSE 100 LIVE: Markets upbeat as UK and EU begin plan talks on Iran and Trump sets two week deadline
The FTSE 100 (^FTSE) and European indices were higher on Friday morning as Western powers moved to decide how they would involve themselves in the conflict between Iran and Israel. Tensions in the Middle East remain high, with markets in the US on edge over a potential decision by president Donald Trump. The White House press secretary relayed a message from the president that a decision would come within two weeks. Meanwhile, leaders from the UK and EU are set to meet with Iranian officials. UK foreign secretary David Lammy is travelling to Geneva for a meeting with his French and German counterparts, as well as Iranian foreign minister Abbas Araghchi. London's premier index rose 0.3% in early trade, despite concerning retail sales data. Top risers in the index were Melrose Industries (MRO.L) and Standard Chartered (STAN.L). The DAX (^GDAXI) in Germany gained 0.7%. In Paris the CAC 40 (^FCHI) tipped 0.7% higher The pan-European STOXX 600 (^STOXX) rose 0.5%. Oil prices have been volatile this week with worries about supply ramping up. On Friday, they were relatively calm, with brent crude (BZ=F) slightly above the flatline, at $76.74 a barrel. West Texas Intermediate (CL=F) was 0.2% lower, trading at the $75 per barrel mark. Stocks: Create your watchlist and portfolio Follow along for live updates throughout the day Why bitcoin and gold are rallying as bond yields hit 30-year highs Looming petrol price increase could hit fragile consumer confidence 8 homes with film and TV links US stock futures edged lower Friday as investors weighed the possibility of direct US military involvement in the Israel-Iran war. President Trump on Thursday introduced a self-imposed two week time limit on his decision to enter the conflict, adding another layer of uncertainty to an already cautious market. Dow Jones Industrial Average futures (YM=F) were down over 150 points, or 0.4%, while S&P 500 futures slid 0.2% (ES=F) and Nasdaq 100 (NQ=F) futures dipped 0.1%. Markets were closed Thursday in observance of Juneteenth, offering investors a brief pause as global headlines grew more volatile. Read more on Yahoo Finance Hello from London. Lucy Harley-McKeown here. Gearing up to bring you the latest business and markets news. This morning we've already had UK retail sales data. We're also keeping an eye on the UK consumer confidence barometer from GfK. Elsewhere, the Iran-Israel conflict bitcoin and gold are rallying as bond yields hit 30-year highs Looming petrol price increase could hit fragile consumer confidence 8 homes with film and TV links US stock futures edged lower Friday as investors weighed the possibility of direct US military involvement in the Israel-Iran war. President Trump on Thursday introduced a self-imposed two week time limit on his decision to enter the conflict, adding another layer of uncertainty to an already cautious market. Dow Jones Industrial Average futures (YM=F) were down over 150 points, or 0.4%, while S&P 500 futures slid 0.2% (ES=F) and Nasdaq 100 (NQ=F) futures dipped 0.1%. Markets were closed Thursday in observance of Juneteenth, offering investors a brief pause as global headlines grew more volatile. Read more on Yahoo Finance Hello from London. Lucy Harley-McKeown here. Gearing up to bring you the latest business and markets news. This morning we've already had UK retail sales data. We're also keeping an eye on the UK consumer confidence barometer from GfK. Elsewhere, the Iran-Israel conflict continues.
