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Reading: Global Markets Fall as Brent Crude Jumps 5.37pc
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Global markets fall as Brent crude jumps with red stock charts, oil barrel and rising crude price graph
PhotoNews Pakistan > Business > Global Markets Fall as Brent Crude Jumps 5.37pc
BusinessTop News

Global Markets Fall as Brent Crude Jumps 5.37pc

Web Desk
By Web Desk Published July 8, 2026 2 Min Read
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Global market indicators fall as Brent crude prices rise, with red stock charts and a glowing oil-price graph illustrating renewed pressure on financial markets
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LONDON: Global markets fell broadly as the Nikkei 225 lost 2.11% and Brent crude oil rose 5.37% to $78.14, LSEG data showed.

The CAC 40 fell 2.00% to 8,267.76, while Germany’s DAX dropped 2.07% to 24,938.82, according to LSEG data delayed by at least 15 minutes.

In Asia-Pacific trading, the Nikkei 225 fell 1,437.91 points to 66,819.05, the steepest decline among major indices listed in the data. Hong Kong’s Hang Seng Index bucked the regional trend, rising 2.99% to 24,199.46.

The Shanghai Composite slipped 0.49% to 3,970.88, while Australia’s S&P/ASX All Ordinaries fell 0.28% to 8,979.30. US equities also traded lower, with the Nasdaq Composite down 1.16% at 25,818.69.

Global oil prices soar over 5pc as US President Trump ends Iran ceasefire, sparking fresh Middle East strikes; Brent crude hits $78.09 a barrel. pic.twitter.com/64227gTYe2

— The Standard Digital (@StandardKenya) July 8, 2026

The S&P 500 declined 0.45% to 7,503.85, while the Dow Jones Industrial Average eased 0.25% to 52,925.15. Gold fell 0.97% to $4,105.00, while copper declined 0.87%, according to LSEG commodity data.

Read: Oil Prices Rise 2% After US Strikes in Southern Iran

In currencies, the euro weakened 0.04% to $1.1408, the pound fell 0.09% to $1.3344, and the yen declined 0.25% against the US dollar.

Bond yields rose, with the US 10-year yield up 0.048 at 4.577%, the UK 10-year yield up 0.097 at 4.948% and Germany’s 10-year yield up 0.087 at 3.075%.

Commodities & Currencies Market Overview:

Asset Class [1, 2, 3]Ticker / PairLast PriceNet Change% ChangeCurrent Market Trend
EnergyBrent Crude Oil Futures$78.14+3.98+5.37%🟢 Surging (War Premium)
Precious MetalsGold Spot$4,105.00-40.25-0.97%🔴 Declining (Yield Pressure)
AgricultureCBOT Soybeans1,207.75+11.00+0.92%🟢 Advancing
ForexEUR / USD1.1408-0.0005-0.04%🔴 Weakening Euro
GBP / USD1.3344-0.0012-0.09%🔴 Weakening Pound
JPY / USD0.0062-0.00002-0.25%🔴 Weakening Yen
CNY / USD0.1471+0.00012+0.08%🟢Strengthening Yuan

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