Economy
European Central Bank official says prolonged Iran war may force rate hikes: Report
Rates could rise as soon as April if energy shock proves persistent, with conflict lasting beyond June likely requiring action, Pierre Wunsch tells Bloomberg Television
European Central Bank official says prolonged Iran war may force rate hikes: Report
Rates could rise as soon as April if energy shock proves persistent, with conflict lasting beyond June likely requiring action, Pierre Wunsch tells Bloomberg Television
Brent crude oil above $110 per barrel again on escalating Mideast supply fears
Ongoing Middle East conflict, continued disruption risks in Strait of Hormuz push global oil prices higher, reviving concerns over tighter supply, broader energy shock
Japan’s 10-year bond yield hits highest level since 1999 on rate hike bets
Rising oil prices and inflation pressures fuel expectations of BOJ tightening
Global markets mixed as Middle East fears replace peace hopes, bond yields rise
Persistent concerns over prolonged regional tensions keep oil prices elevated and inflation risks in focus, while investors reassess Fed and ECB policy paths
US stocks see highest drop since beginning of Iran war
Dow Jones loses 1.01%, Nasdaq 2.38%, and S&P 500 1.74%; European indexes also close day in red
Brent crude oil futures jump over 5% on Middle East supply fears
Oil prices exceed $107 per barrel as escalating conflict in Middle East deepens concerns over supply disruptions and keeps global energy markets volatile