Morning Bid: Global markets take a breath
📌 Key Takeaways
- Here is a summary of the news based on the title provided:
- **Market Consolidation:** Global equity markets are pausing for breath, with investors engaging in profit-taking after a period of high volatility.
- **Asian Performance:** Asian stocks are trading mixed as traders digest the previous session's gains and await fresh economic cues.
- **Currency Stability:** Major currencies are trading in a tight range, reflecting a cautious sentiment among investors ahead of upcoming data releases.
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Gold heads higher once more; U.S. dollar limits gains Iran conflict latest: Israel, Iran exchange strikes as fighting enters sixth day UBS sees limited upside for silver prices over the next 12 months Oil prices add to gains as Middle East war escalates; supply fears mount (South Africa Philippines Nigeria) Morning Bid: Global markets take a breath By Commodities Published 03/05/2026, 07:15 AM Updated 03/05/2026, 07:18 AM Morning Bid: Global markets take a breath 0 Gold Spot US Dollar 0.43% US500 0.78% JP225 1.90% DX 0.17% GC 0.77% LCO 2.44% CL 3.01% AVGO 1.18% IXIC 1.29% US10YT=X 1.05% KS11 9.63% By Mike Dolan March 5 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Asian markets snapped back on Thursday, with South Korea’s KOSPI rising by almost 10%, clawing back a chunk of its drubbing in recent days, and Japan’s Nikkei adding nearly 2%. The apparent respite amid the ongoing Middle East conflict wasn’t confined to Asia, with U.S. and European stocks also pushing higher on Wednesday as investors took comfort from even the faintest hints that geopolitical tensions might ease. I’ll get into that and more below. But first, check out my latest column on why Europe may be able to absorb the Middle East energy shock - for now. And listen to the latest episode of the Morning Bid daily podcast. Subscribe to hear Reuters journalists discuss the biggest news in markets and finance seven days a week. GLOBAL MARKETS TAKE A BREATH Global markets appear to be catching their breath. The Nasdaq jumped 1.29% on Wednesday in a tech-led rally, while the S&P 500 rose 0.78%, helped along by some upbeat macro prints. A mix of factors seem to be fuelling this market breather. Traders seemed to take heart in the New York Times’ report yesterday that Iranian intelligence had indirectly reached out to the CIA after Saturday’s attacks to try to reach a resolution. Washington’s plan t...
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