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Europe Roundup: Sterling edges higher on geopolitical woes , European stocks fall, Gold on track to fifth straight weekly gain, Oil slips despite reported Israeli attack on Iran-April 19th,2024

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Oil prices surge 3% on reports of Israeli strikes on Iran

(Reuters) -Oil slipped on Friday after prices spiked earlier on reports that Israel had attacked Iran as market fears of a major escalation to hostilities in the Mideast appeared to ease. The most active U.S. West Texas Intermediate contract was down 34 cents, or 0.4%, to $82.39. Israel launched an attack on Iranian soil on Friday, sources told Reuters.
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Source: yahoo.com

Asian Stocks Set to Drop on Hawkish Fed Comments: Markets Wrap

(Bloomberg) — An escalation of tensions in the Middle East kept stock markets on edge, though haven assets including bonds and the dollar gave up some early gains after Iranian media appeared to downplay the impact of Israeli strikes. Treasuries pared an early move that drove the 10-year yield as much as 14 basis points…
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Asian Stocks Fall as Yen in Range After Japan CPI: Markets Wrap

(Bloomberg) — An escalation of tensions in the Middle East kept stock markets on edge, though haven assets including bonds and the dollar gave up some early gains after Iranian media appeared to downplay the impact of Israeli strikes. Oil wiped out an earlier sharp jump above $90 a barrel. The dollar traded only slightly…
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