Oil prices rose after attacks near the Strait of Hormuz renewed concerns about disruptions to oil shipments and the US tightened sanctions on Iranian crude. Brent climbed 3.0%, above $74 per barrel, while TTF gas jumped by more than 5% and gold fell.
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Market sentiment improved during yesterday's session, with oil prices falling by more than 2%, as investors valued that negotiations between US and Iran remain open, despite Hormuz clashes. On the other hand, TTF gas continued to climb, on a bleaker supply outlook. Gold stabilised, as investors assessed higher geopolitical risks and tighter monetary policy.
Markets closed Friday on a mixed note as attention remained on the risk of disruptions in the Strait of Hormuz, although Trump signalled openness to a deal with Iran. Oil prices ended little changed after a choppy session and TTF gas prices fell.
Investor sentiment was mixed in yesterday's session. Energy prices crept up as the U.S. and Iran continued to exchange fire and Brent oil briefly topped $95. Stocks rose across Europe but the U.S. S&P 500 and Nasdaq closed lower amid a mixed performance of tech stocks and ahead of key Q2 earnings releases.
Investors took stock after the significant gains of the last sessions and stocks advanced moderately.
International stock and sovereign bonds markets remained relatively unchanged during the last day of the week.
Equities went down in most of the developed countries as investors are assessing earnings and remain prudent before the ECB meeting.
Stock markets ended the week on a positive note as they advanced supported by good earnings and macroeconomic data.
Stock markets were mixed and sovereign yields declined as investors struck a tone of caution at the start of the week.
Stocks were mixed and sovereign yields remained roughly stable as investors await the announcement of Trump's candidate to lead the Fed (expected today).
Investors remained relatively cautious during the last day of the week with slight increases in most developed stock markets.
Stock markets advanced as investors head into the end of the year optimistic about global growth and company earnings.
Stock markets were mixed yesterday as the technological sector registered losses while the banking sector surged.
International stock markets were mixed yesterday as the U.S. Senate suspended votes on the tax bill until today after a key compromise to win a majority collapsed.
International stock markets were mixed with slight losses in Europe and relative stability in the U.S., as the economic calendar was light yesterday.
Stock markets slid both in the U.S. and the Euro Area while treasury and bund yields were little changed and Euro Area periphery sovereign spreads declined.
Developed stock markets registered solid gains during the last day of the week, with stronger increases in Europe.
New gains in the main developed stock markets with the U.S. equities that climbed to a fresh record.
Slight declines in developed stock markets as the rally we have been observing since the beginning of this year seems to lose steam.