The US dollar index slipped 0.25% to 101.23, and Brent crude tumbled 4.7% to $92.19, as the US paused its bombing campaign in Iran, easing Middle East tensions. This improved global investor confidence, despite increased market bets for a potential 25-basis-point Federal Reserve interest rate hike this week. Bitcoin also rose 0.9% to $65,193.62, and Ether climbed 1.9% to $1,948.00. This global shift could potentially lead to a slight softening in international gold prices, while a stable oil market might offer some relief for Pakistan's import bill and PKR stability.
بحوالہ / Source: www.brecorder.com