FTSE 100 Rallies to One-Month High Following US-Iran Ceasefire ...
Oil prices tumbled and rate-sensitive shares led gains as investors priced in calmer trade through the Strait of Hormuz.
8 Articles
8 Articles
Stocks surge and oil tumbles amid US-Iran ceasefire
The FTSE 100 closed up 260.09 points, 2.5%, at 10,608.88.
FTSE 100 jumps as ceasefire deal sends oil below $100 and lifts risk appetite
FTSE 100: 10,606.65, +2.49% GBP/USD: 1.3427 GBP/EUR: 1.1496 Brent crude: $94.37 per barrel, -8.75% Gold: $4,788.35 per troy ounce, +1.40% UK 10-year gilt yield: 4.668%, down 0.171 The FTSE 100 moved sharply higher on Wednesday, climbing 2.49% to 10,606.65 as a ceasefire agreement between Iran and the United States helped improve market sentiment and pushed oil prices below $100 a barrel. The move marked a strong relief rally for London equities …
FTSE 100 surges after Middle East ceasefire agreed
The FTSE 100 surged on Wednesday after the US and Iran agreed a two-week ceasefire and the reopening of the Strait of Hormuz. The deal, struck just an hour before a deadline set by Trump that could have seen the US attack Iranian civilian infrastructure, sparked a global risk-on rally that sent stocks higher and […] The post FTSE 100 surges after Middle East ceasefire agreed appeared first on UK Investor Magazine.
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