Markets Brace for U.S.-Iran Tensions and Landmark Supreme Court Tariff Ruling

Global investors are bracing for a volatile week as rising tensions between the United States and Iran place geopolitical risks at the forefront of market sentiment. In a significant legal development, the U.S. Supreme Court has struck down global tariffs previously imposed by the Trump administration, potentially reshaping the international trade landscape. This judicial reversal is expected to impact inflation outlooks and trade-sensitive currencies as markets digest the long-term implications. Simultaneously, participants are awaiting critical U.S. economic data to gauge the future trajectory of bond yields and foreign exchange markets. The combination of geopolitical instability and policy shifts is likely to drive safe-haven flows into gold XAU/USD while creating volatility for crude oil WTI and the US Dollar DXY.