China’s PBOC Boosts Gold Reserves Amid Iran Conflict Impact

Financial outlets describe investors as trying to look past daily Iran war headlines while still pricing in higher energy costs, supply risks and uneven growth. They point to central banks like India’s holding rates steady, foreign investors pulling money from emerging markets, and companies such as Exxon warning of multi‑billion‑dollar hits tied to the conflict. Coverage also notes that sectors from Taiwan’s chipmakers to African economies are building reserves or seeking support to guard against further shocks.

• •Market commentary notes that some investors are 'looking through the noise' of the Iran war, keeping broad equity indexes relatively stable.
• •Foreign institutional investors have sold roughly Rs 2,811 crore of Indian shares as caution over the Iran war lingers.
• •Exxon has warned of about a $6.5 billion hit linked to the Iran war, saying hedging timing has masked some gains.
• •Taiwan’s chip industry is calling for larger helium and LNG reserves to protect production from Iran war supply risks.
• •Reports say the World Bank’s downgrade for sub‑Saharan Africa reflects higher borrowing and energy costs tied to the conflict.