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Stock prices in London were firmly down at midday on Friday, as rising tensions between Israel and Iran alongside doubts around the timing of US interest rate cuts hurt investor sentiment. Markets...
Risk appetite got a hit yesterday as an army of Federal Reserve (Fed) speakers sounded cautious about the timing of the first rate cut and as the barrel of Brent spiked past the $90pb level on rising tensions between Iran and Israel after Israel bombed the Iranian embassy in Damascus earlier this week. The barrel of US crude spiked to $87.50pb. So far, tensions in the Middle East didn’t impact oil supply significantly. As a result, we saw a sustainable rise in oil prices – not a spike. But Iran’s direct involvement could mark a new milestone in the Middle East conflict and could back a r...
European stock markets--according to the futures market--are expected to open lower on Friday, with hawkish comments from U.S. monetary policymakers and tensions in the Middle East dampening...
Stocks in Europe had a downbeat start to the day on Friday, with investors unnerved by rising geopolitical tensions and hawkish remarks from US central bankers. The FTSE 100 index opened down 73.44...
The threat of regional war compounded fears that the Federal Reserve would not cut interest rates as much as previously expected, with focus now on the release of key US jobs data later in the day.