In the UK, anxiety over the crisis after Iran’s missile strike on Israel drives down UK shares An escalating Middle East conflict risks leading to higher oil prices, a reversal of the recent fall in inflation and a puncturing of the optimistic mood in financial markets, the International Monetary Fund has warned.The Washington-based IMF said it was closely monitoring events in the region after Iran’s missile strike on Israel at the weekend and stressed the possibility that a war between the two...
SEOUL, April 19 (Yonhap) -- The government will beef up the monitoring of
The increase this year, driven by geopolitical tensions and supply shocks,
Crude oil futures fell more than 3% Wednesday as the market dismissed the risk of a wider war between Israel and Iran that could disrupt supplies. The West Texas Intermediate contract for May delivery lost $2.67, or 3.13%, to settle at $82.69 a barrel. June Brent futures were down $2.73, or 3.03%, at settle at $87.29 a barrel. […]
Several countries have been beefing up their defense budgets in light of mounting geopolitical tensions. Goldman names European stocks to play the theme.
Markets saw limited movement Monday, but all eyes are on Israel's next steps after an Iranian drone and missile strike.
Andriy Kobolyev calls for more weapons after Russia destroys one of Ukraine’s largest power plantsA dramatic rise in European energy prices is inevitable if the Russian destruction of Ukrainian energy infrastructure continues unabated, the former chief executive of Ukraine’s state-owned oil company has warned.Andriy Kobolyev, a former head of Naftogaz, said in an interview with the Guardian: “Russia is trying to wage a global energy war and Ukraine is part of that war and if the markets perceive...
U.S. stocks slumped after higher yields in the bond market cranked up the pressure on Wall Street. The S&P 500 fell 1.2% Monday. The Dow Jones Industrial Average slipped 0.7%, and the Nasdaq composite dropped 1.8%. Stocks had been up earlier in the day, rising as oil prices eased. But Treasury yields also spurted higher following the latest report on the U.S. economy to blow past expectations. Financial markets are in an awkward phase where such strength raises hopes for growing profits at...
Economist and gold bug Peter Schiff has explained why the price of gold is rising, warning that bitcoin is a “gigantic bubble.” He expects gold to be in “double digits” by next year. Meanwhile, he said that bitcoin is in a bear market and the price of the cryptocurrency “is going much lower than this.” […]
U.S. officials told NBC News that they expect an Israeli response to Iran's attack to be limited in scope.
Geopolitical Risk – Hedging The Unhedgeable? Authored by Peter Tchir via Academy Securities, This is the first time (in a long time) that I contemplated not doing a weekend T-Report. What’s the point when by the time you read it, everything in the geopolitical realm may have changed? But, with so much going on and so much chatter about geopolitical (and other risks), it still seemed worth it to grind a report out. Hopefully you saw our recent SITREPs addressing Iran’s launch of...
Local oil firms made mixed adjustments in petroleum prices today, with the prices of diesel and kerosene rolled back while that of gasoline increased.?