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Finance

Sterling drops along with bonds as Iran war shakes UK markets

Bermuda Broadcasting Newsdesk -
British 10-year Gilt yields rose to 5.079%, their highest level since 2008, as markets braced for a response to a potential inflationary shock from...
Finance

British equities cap third losing week as Mideast war rages on

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 closed down 1.4%, while the mid-cap FTSE 250 was down 1% International News via Reuters: London's main indexes closed lower on Friday...
Finance

ECB, BoE could hike as soon as April on inflation pressures, brokerages say

Bermuda Broadcasting Newsdesk -
Both central banks kept borrowing costs unchanged on Thursday and signalled they were closely monitoring the impact of surging oil prices on growth and...
Finance

Europe shares set for third weekly loss as Mideast war grinds on

Bermuda Broadcasting Newsdesk -
The pan-European STOXX 600 was flat at 583.70 by 1000 GMT, poised to log a 2% weekly decline and its longest losing streak since...
Finance

Dollar set for weekly fall as central banks turn hawkish

Bermuda Broadcasting Newsdesk -
Before the U.S.-Israeli war on Iran began at the end of February, investors expected two Fed cuts this year International News via Reuters: The dollar slipped...
Finance

UK’s FTSE 100 closes at 2-month low as investors weigh BoE rate decision and Iran war

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 finished at its lowest in about two months, down 2.4% International News via Reuters: London’s main indexes closed at multi-month lows on...
Finance

ECB expects rate hike talks in April with move more likely in June, sources say

Bermuda Broadcasting Newsdesk -
The ECB kept its key interest rate at 2% on Thursday and warned that the war in Iran was clouding the outlook for growth...
Finance

ECB keeps rates on hold as Iran war clouds outlook

Bermuda Broadcasting Newsdesk -
Oil and gas prices have jumped since the U.S.-Israeli attacks on Iran began, raising the risk that higher energy costs will drive up consumer...
Finance

Yen picks up, dollar little changed as BOJ and Fed hold rates steady

Bermuda Broadcasting Newsdesk -
The yen was 0.3% firmer at 159.40 per dollar, having picked up during Ueda's comments International News via Reuters: The U.S. dollar was steady on Thursday...
Finance

Stocks slump on worsening war in Middle East; frail yen in focus

Bermuda Broadcasting Newsdesk -
The yen <JPY=> wobbled near the psychologically significant 160 per dollar level as the BOJ left interest rates unchanged with traders looking for signs...
Finance

European shares extend gains as oil retreats; Fed decision in focus

Bermuda Broadcasting Newsdesk -
The pan-European benchmark STOXX 600 was up 0.5% to 605.59 points by 0810 GMT International News via Reuters: European shares extended their rebound on Wednesday as...
Finance

Currencies tread water as a cooling oil rally calms markets

Bermuda Broadcasting Newsdesk -
It was slightly firmer against the euro, which dipped after two sessions of gains as traders awaited the start of a two-day European Central...
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