Asian markets drift as Trump mulls Iran strike, oil rises 4% this week; BOJ faces rate hike pressure
Friday, 20 June 2025 () Asian markets displayed uncertainty amid escalating US-Iran tensions and potential military action. Oil prices are poised for a third weekly gain despite a Friday dip, fueled by the conflict between Israel and Iran. While the People's Bank of China held rates steady, Japan's rising inflation puts pressure on its central bank, and global central banks are diverging on monetary policy.
In a dramatic escalation of the Iran-Israel conflict, Iran has launched what is being called its most devastating strike yet—targeting Israel’s prestigious Weizmann Institute of Science. Satellite imagery and local reports confirm major destruction at the research hub, known as Israel’s...
The U.S. has bombed Iran’s three major nuclear facilities—Fordow, Natanz, and Isfahan—in a massive airstrike. The full payload was dropped on Fordow, Iran's primary Nuclear site. Donald Trump..
Israel has bombed Iran’s Isfahan nuclear facility for a second time as the conflict enters its second week. The Israeli military claims the site plays a vital role in Iran’s nuclear weapons..