As it happened: Stocks tumble after Apple rattles global markets; UK food exports hit by US tariffs Markets Welcome back to the City AM liveblog. Markets are digesting fresh inflationary fears driven by Apple’s price hike as well as renewed threats over the safety of the Strait of Hormuz this morning after a projectile struck a vessel off the coast of Oman. Asian equity markets took a tumble overnight as price increases announced [...]
As it happened: Stocks higher as oil price sinks; Reeves makes bid to stay as Chancellor Markets Welcome back to the City AM liveblog. The price of oil is heading lower this morning as the outlook around the Strait of Hormuz improves. Brent crude – the international benchmark for oil prices – tumbled below $73 per barrel, extending losses for a fourth consecutive session. These moves helped wipe out all the gains [...]
As it happened: FTSE 100 scrapes into green after Segro’s surge; Oil at pre-war levels after Trump snaps at industry Markets Welcome back to the City AM liveblog. European markets were a mixed bag on Wednesday after a bruising sell-off had investors across the globe dumping their equity exposure. In Europe, the FTSE 100 closed down just shy of 0.1 per cent on Tuesday, undershooting the bigger losses seen on Germany’s Dax at one per cent, [...]
As it happened: Stocks recover after markets rocked by tech-sell off; US claims ‘good foundations’ of Iran deal June 23, 2026 Welcome back to the City AM liveblog. Markets have shrugged off the latest developments in US-Iran peace with the FTSE 100 falling at open as London got swept up in the wider sell-off that rocked Asia and Wall Street overnight. This comes despite some progress in the Middle East, with Trump’s Vice President JD Vance [...]
As it happened: FTSE 100 finishes higher as US-Iran talks progress and Starmer resigns; Space X shares fall after bond sale June 22, 2026 Welcome back to the City AM liveblog. Markets are set to start off the new week facing renewed threats on both the domestic and geopolitical front. Over the weekend, fractures that were forming in the US-Iran peace deal burst wide open after Iran’s top military command said it shut the Strait of Hormuz after “violations” [...]
As it happened: Stocks sink after Fed and Bank of England opt for hawkish hold; Oil price tumbles June 18, 2026 Welcome back to the City AM liveblog. Interest rates were left unchanged at 3.75 per cent in Bank of England’s monetary policy committee meeting today as rate-setters wait to find out whether the Iran war peace deal holds up. The Bank’s decision followed Thursday’s inflation data, which stayed below undershot expectations after coming at 2.8 [...]
As it happened: FTSE 100 see-saws after inflation undershoots; Oil at $80 as Trump threatens ‘dropping bombs’ on Iran June 17, 2026 Welcome back to the City AM liveblog. Fresh inflation data this morning showed a reading of 2.8 per cent leading the consumer price index unchanged from May. This came under the expectations of a poll of City analysts by Bloomberg that forecast inflation would come in at three per cent for May. Core inflation, which [...]
As it happened: Stocks rally as Trump touts Iran deal at G7 summit; Oil lowest since early-March June 16, 2026 Welcome back to the City AM liveblog. Global leaders are gathering today in France for the G7 summit as markets digest the latest developments in the US-Iran peace deal. Relief spread across global markets yesterday after the US and Iran were confirmed to have sealed a deal to stop the fighting in the Middle East [...]
‘Nothing is straightforward’: Market analysts warn of US-Iran deal complications June 15, 2026 Top market analysts warned on Monday that “nothing is straight forward” as euphoria spread across European equities after a confirmed peace deal between the US and Iran. Stock markets opened in the green as investors returned to a risk-on mentality after Pakistan announced an agreement between the two nations and Donald Trump declared the oil [...]
As it happened: FTSE 100 relief rally runs out of steam as BP and Shell weigh; Oil hits three-month low June 15, 2026 Welcome back to the City AM liveblog. Market sentiment is starting the new week on a positive note after Pakistan said an official peace deal between the US and Iran would be signed this Friday in Switzerland. Asian equities were sent soaring on the news after over a 100 days of uncertainty gripped global markets, [...]