The US dollar firmed on Monday with the yen at a more than six-week low as investors anticipated a response from Iran to US attacks on its nuclear sites, though some analysts said the FX reaction had been relatively muted.

Around 84 percent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South Korea and others vulnerable should Iran blockade the crucial trading route over US strikes on its nuclear sites.

The repercussions of the ongoing Iran-Israel conflict would be limited on Bangladesh’s capital market, as information about the conflict has already been absorbed by the market, said BRAC EPL Stock Brokerage.

Oil prices wobbled and stock markets wavered Monday as traders awaited Tehran’s response to US strikes on Iranian nuclear facilities over the weekend.

China targets 5 cities as global consumption hubs, boosting domestic spending

The local brokerage house analysed seven global events to assess their impacts on Bangladesh’s stock market

The HCOB Flash Eurozone purchasing managers' index (PMI) published by S&P Global registered a figure of 50.2, the same pace of growth registered in May.

However, some international airlines were resuming services on Monday.

Most of the market moves were restrained, with the dollar getting a modest safe-haven bid and no sign of a rush to bonds. Oil prices were up around 1.5%, but well off their initial peaks. O/R

Iran is the world's ninth-biggest oil-producing country, with output of about 3.3 million barrels per day.

Asia’s fourth largest economy South Korea is facing gruelling tariffs by US President Donald Trump, but its shipbuilding industry could prove a useful bargaining chip.

A US attack on Iranian nuclear sites could push oil prices even higher and trigger a knee-jerk rush to safety, investors said, as they assessed how the latest escalation of tensions would ripple through the global economy.

A détente in the electric vehicle tariff war may suit China more than Europe. Brussels and Beijing are haggling over a way for Chinese manufacturers to sell battery rides tariff-free, but at a minimum price. Embracing such a system would be a risky move.

A key concern for markets would center around the potential impact of the developments in the Middle East on oil prices and thus on inflation.

In the immediate aftermath of the announcement, they expected the US involvement was likely to cause a selloff in equities and a possible bid for the dollar and other safe-haven assets when trading begins, but also said much uncertainty about the course of the conflict remained.

Investors are mulling a host of different market scenarios should the US deepen its involvement in the Middle East conflict, with the potential for ripple effects if energy prices skyrocket.

Qatar held crisis talks this week with energy majors after Israeli strikes on Iran’s huge gas field, which it shares with Qatar, an industry source and a diplomat in the region told Reuters.

The credit will be extended under the strengthening governance and institutional resilience development policy

Investors are mulling a host of different market scenarios should the U.S. deepen its involvement in the Middle East conflict

Pakistan has signed term sheets with 18 commercial banks for a 1.275 trillion Pakistani rupee ($4.50 billion) Islamic finance facility to help pay down mounting debt in its power sector, the power minister said on Friday