Markets

Sarah Breeden predicts ‘adjustment’ due to elevated risk including private credit and highly valued AI stocksBusiness live – latest updatesRecord-high global stock markets do not reflect the risks in the global economy, and will fall back, a deputy governor at the Bank of England has warned.Sarah Breeden, deputy governor for financial stability at the Bank, fears that macroeconomic risks are not fully priced into equity markets. Continue reading...

The gambling crisis ‘demands a public health response’ and should be regulated like alcohol or tobacco, expert says Gambling addiction is spiraling “out of control” in the US, a leading campaigner for stricter guardrails has warned, as experts from around the world are set to gather in Boston to push for more regulation of the industry.The rapid expansion of online gambling, prediction markets and sports betting platforms, “demands a public health response”, according to Harry Levant, director of gambling policy at the Public Health Advocacy Institute (PHAI), urging policymakers to intervene. Continue reading...

FTSE 100 slides and UK gas prices up amid fears strait of Hormuz will be closed for extended periodBusiness live – latest updatesOil prices rose sharply and European stock markets fell on Monday, after the US seizure of an Iranian vessel hit hopes for a peace deal.Brent crude, the international benchmark for oil prices, rose by as much as 5% on Monday to $95.50 (£70.75) a barrel. Continue reading...

• Global financial markets experienced significant volatility during April 12-18, 2026, driven by geopolitical tensions impacting commodity prices. • Oil prices surged higher amid international tensions, affecting energy stocks and broader market sentiment across equities and bonds. • India's retail investor base continues reshaping capital markets, contributing to shifts in the financial landscape alongside global macroeconomic pressures.

• President Trump expressed optimism that an Iran peace deal is 'looking very good,' signaling potential near-term resolution to the US-Iran conflict that has destabilized financial markets. • Investors are actively weighing the likelihood and terms of a potential Iran truce as a key variable influencing near-term market direction and energy price trajectories. • Geopolitical risk premiums embedded in oil prices and equity valuations could face significant repricing if a comprehensive ceasefire agreement is formally announced.

Six lenders, including Bank of America, Morgan Stanley and JP Morgan report jump in first-quarter earningsBusiness live – latest updatesBig US banks raked in nearly $50bn (£37bn) worth of profits in the first three months of the year, as they benefited from stock market turbulence triggered by the US-Israeli war on Iran.Wall Street’s largest lenders have reported a jump in first-quarter earnings, reflecting the surge in demand for trading services as investors dumped risky stocks and bonds and sought safer havens for their cash. Continue reading...

Gas prices also increase, while global stock markets slip back after strong rally on WednesdayBusiness live – latest updatesOil and gas prices rose on Thursday and Asian stock markets retreated as the two-week ceasefire in Iran looked increasingly shaky, with Israel continuing attacks on Lebanon and the US and Iran threatening a return to military action.A day after the US and Iran announced an 11th-hour ceasefire, including an agreement to reopen the strait of Hormuz, many questions remain and there were signs that the truce was already being broken, causing jitters in the markets. Continue reading...

Situation still volatile as Tehran and Washington issue conflicting messages about opening of Hormuz channelA plunge in the oil price, stock market rally and renewed hopes for the global economic outlook. After the announcement of a two-week ceasefire in the Iran war, the relief in financial markets was palpable. But it is far from absolute.For the past six weeks, the economic damage had been steadily mounting, as the effective closure of the strait of Hormuz by Tehran triggered the worst energy crisis of the modern era. Continue reading...

• Oil prices spiked sharply as geopolitical tensions escalated between Iran and the United States following military confrontations. • The U.S. dollar recovered against major currencies as investors sought safe-haven assets amid rising uncertainty. • Energy markets remain volatile with traders closely monitoring developments in Middle East tensions and their impact on global supply chains.

• Bitcoin and other cryptocurrencies experienced significant price fluctuations as geopolitical tensions surrounding the Iran conflict escalated, with investors reassessing risk exposure.

• Oil prices surged as geopolitical tensions related to the Iran war intensified, with the Strait of Hormuz blockade causing the largest global oil supply disruption since the 1970s energy crisis. • The US dollar strengthened amid escalating geopolitical risk, reflecting investor flight to safe-haven assets as financial markets react to the conflict's economic impact on energy supplies and global trade.

• The US-Israeli war on Iran, initiated February 28, 2026, with strikes on leadership and nuclear facilities, has led to Iran's Strait of Hormuz closure, rivaling 1970s oil crises. • Supreme Leader Ali Khamenei's killing sparked Iranian strikes on Israel and US bases, disrupting 20% of global oil transit and surging prices by 40%. • US markets face inflation risks, with experts warning of recession if chokepoint remains closed beyond two weeks.

Brent crude jumps 6.5% as US president vows to hit Iran ‘extremely hard’ over coming weeksBusiness live – latest updatesOil prices soared and stocks sank after Donald Trump vowed in a televised speech to hit Iran “extremely hard” over the coming weeks, knocking investors hopes of a near-term end to the conflict in the Middle East.Brent crude prices jumped by 6.5% on Thursday morning to more than $107.6 a barrel, reversing Wednesday’s drop when hopes of a de-escalation pushed the international benchmark below the $100-a-barrel mark at one point. Continue reading...

• Asian equity markets surged following signals from Iran's President Masoud Pezeshkian indicating willingness to pursue a ceasefire with the United States, with Trump stating military action could conclude within two to three weeks. • South Korea's Kospi jumped 8.1% to 5,461.51, Japan's Nikkei 225 gained 4.5% to 53,352.96, and Hong Kong's Hang Seng rose 2% amid improved investor sentiment. • The geopolitical shift triggered broad rallies across Asia-Pacific exchanges including Australia's ASX 200 climbing 2% and Taiwan's Taiex jumping 4.4%.

US president’s claim that conflict is nearing end prompts 15% drop in Brent crude and stock market climb in AsiaBusiness live – latest updatesOil prices tumbled and stock markets rallied across the world on Wednesday after Donald Trump said the war in Iran would end in “two to three weeks”.Brent crude, the international benchmark for oil, dropped to $99.78 a barrel, down more than 15% compared with its price on Tuesday – its lowest level in a week. Continue reading...

• Equity markets reacted positively after Iranian state media indicated willingness to end the conflict with the US, contingent on certain conditions, as reported in Bloomberg coverage. • President Trump described potential US exit from Iran as 'very soon,' predicting sharp drops in gasoline prices and improved safety from neutralized nuclear threats. • The month-long war has spiked fuel costs, affecting grocery prices as noted by industry figures like Stew Leonard Jr.

• The S&P 500 rose over 1.5% and Nasdaq climbed nearly 2% Monday after the White House signaled it may abandon America's role in reopening the Strait of Hormuz, with Trump telling allies on Truth Social to "build up some delayed courage" and secure the strait themselves. • Trump wrote on social media: "You'll have to start learning how to fight for yourself, the U.S.A. won't be there to help you anymore, just like you weren't there for us," signaling a potential shift toward military disengagement despite ongoing operations. • The mixed messaging coincides with U.S. gas prices crossing $4 per gallon Tuesday—up more than $1 from February 27—marking the first time since 2022's Ukraine crisis energy shock, while Trump's approval rating has dropped to -16.7, a record low for his second term.

• Asian stock markets declined sharply as geopolitical tensions persisted, with South Korea's Kospi dropping 3.4%, Japan's Nikkei 225 falling 1.2%, and Taiwan's Taiex losing 2.2%, erasing year-to-date gains for some indexes. • Oil markets remained elevated with Brent crude holding near $113 per barrel and US benchmark crude at approximately $103, marking a surge of more than 40% since the Iran conflict began five weeks ago. • A reported drone strike on a Kuwaiti oil tanker and ongoing regional attacks reinforced supply security concerns, keeping markets highly sensitive to geopolitical developments despite signals the US may seek conflict resolution.

• The benchmark S&P 500 fell for a fifth consecutive week and is down more than 7% since U.S.-Israeli military strikes on Iran in late February. • Rising volatility and shifting rate expectations continue to pressure equity markets as geopolitical tensions compound economic uncertainties. • Market participants are reassessing expectations for Federal Reserve policy, with implications for growth stock valuations.

Brent crude jumps 51% since start of March and gold suffers fifth-largest monthly fall in 50 yearsMiddle East crisis – latest updatesThe Brent crude oil price is on track for its biggest monthly gain on record in March after the Iran war caused mayhem in the markets.Brent crude, the international benchmark, has climbed by 51% since the start of March, LSEG data shows, beating the previous monthly record of 46% in September 1990 after Saddam Hussein invaded Kuwait, leading to the first Gulf war. Continue reading...

Dow closed 450 points down and S&P dipped 1.7% while Nasdaq fell 2.3% into correction territorySign up for the Breaking News US email to get newsletter alerts in your inboxUS markets saw their biggest slump since the start of the US-Israel war with Iran on Thursday as Donald Trump said the conflict’s impact on oil prices had not been as bad as he expected.The Dow closed 450 points down, while the S&P 500 dipped 1.7%. The tech-heavy Nasdaq fell 2.3%, plunging into correction territory, which happens when an index falls at least 10% below its most recent peak. Continue reading...

• U.S. equities showed mixed performance in early trading on Tuesday, March 24, 2026, with technology stocks under pressure while energy and financial sectors gained ground. • The mixed market action reflects ongoing uncertainty around Federal Reserve rate policy and its impact on different economic sectors, with tech facing particular headwinds. • Technology stocks continued to face selling pressure as investors reassess valuations amid expectations for interest rate changes and macroeconomic conditions.

Top prediction market sites usher in new guardrails after senators introduced bill that could limit booming industryKalshi and Polymarket, the two biggest prediction market sites, rushed to institute new industry guardrails and add new surveillance tools on Monday after two key senators announced legislation that could severely curtail the industry’s prospects.Kalshi said it would ban political candidates from trading on their own campaigns, and it would preemptively block anyone involved in college or professional sports from trading contracts related to the sports they play or are employed by. Continue reading...

Ed Miliband insists only clean power will provide ‘energy sovereignty’ amid opposition calls for oil and gas expansionUK politics live – latest updatesMinisters have said expanding North Sea drilling would put the UK at further risk of volatile fossil fuel markets, amid calls from the Conservatives and some Labour MPs to breach the manifesto pledge of no new oil and gas licences.The energy minister, Michael Shanks, said the UK was “learning the right lessons from this conflict so that we’re not exposed to fossil fuels in the same way again, because this isn’t the first time that households across the country have paid the price of our exposure to gas”. Continue reading...

Tehran denied negotiations that delayed US strikes and Trump was vague on the details, but talks signal renewed push for peace from regional powersThere have been so many abortive rounds of diplomacy between the US and Iran – the latest appearing to be led by Pakistan after Washington has burned through many other regional mediators – that it was hardly a surprise that President Trump’s claims of “very good” talks with Tehran initially provoked disbelief – especially after Iran denied that any negotiations were taking place at all.Nonetheless, standing beside Air Force One, Trump did his best to sell the sudden detente with little detail as a US ultimatum to bomb Iran’s power plants loomed unless Tehran opened up the strait of Hormuz. It was lost on few that the sudden about-face came just hours before US markets were to open for what promised to be another punishing round of trading on Monday. Continue reading...

• Rising yields across US and international bond markets reflect growing inflation expectations stemming from the energy shock caused by the Iran-US conflict, with 10-year gilts rising 14 basis points. • Market participants are increasingly betting on a Federal Reserve rate hike later this year as inflation anchoring concerns mount amid geopolitical disruptions to energy supplies. • The bond market deterioration follows Friday's significant equity selloff and signals potential monetary policy tightening ahead, with the Fed focused on ensuring inflation expectations remain anchored despite external supply shocks.

Bill was introduced in the Senate on Monday as prediction market companies face greater scrutiny on state levelPrediction markets are facing fresh bipartisan scrutiny in the US Senate as companies like Kalshi and Polymarket continue to battle state-led efforts to regulate online betting.A bill was introduced in the US Senate Monday that would ban federally regulated platforms from allowing wagers on sporting events, what would be a huge blow to marketplaces where billions of dollars have been traded on major events like the Super Bowl and the NCAA’s March Madness. Continue reading...

• US equities poised to open lower on March 23, 2026, following declines in overseas markets after a rough prior week. • Russell 2000 index up over 3% in early indications amid broader market volatility. • New comments from Trump stirring some optimism for potential conflict resolution, though sentiment remains cautious.

Investors believe Bank of England is likely to act amid sustained rise in inflation from Iran warBusiness live – latest updates‘Trumpflation’: how the Iran war’s economic storm could affect BritonsThe Bank of England will raise the cost of borrowing four times this year, pushing UK interest rates from 3.75% to 4.75% amid the conflict in the Middle East, according to financial market speculators.In a blow to mortgage payers, international investors are betting that the UK is vulnerable to a sustained rise in inflation after the US-Israel attack on Iran. Continue reading...