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20.03.26 - 14:01
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FTSE 100 Modestly Higher After Paring Early Gains (AFX)
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BRUSSELS (dpa-AFX) - UK stocks retreated after a positive start on Friday as oil prices pared early losses, triggering inflation concerns and possible interest rate hikes by major central banks in......
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19.03.26 - 08:24
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Bank of England expected to leave interest rates on hold as Middle East crisis drives up oil and gas prices – business live (The Guardian)
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Rolling coverage of the latest economic and financial newsFed holds interest rates steady as Iran war drives up oil prices and inflation fearsMiddle East crisis live: Trump threatens to 'blow up' entire South Pars gasfield if Iran strikes QatarThe oil price is rising rapidly again today, adding to the headache facing central bankers.Brent crude is up 5.9% at $113.76 a barrel, as tensions escalate in the Middle East.“Expectations for UK interest rates have shifted materially in recent weeks, with markets now anticipating that the Bank of England will hold rates in March, keeping rates at 3.75%, despite previously pricing in a cut.The primary driver has been the rise in oil and gas prices linked to the Iran conflict, which has pushed inflation risks higher. This creates a difficult backdrop for both policymakers and investors. In fixed income markets, UK government bonds have already come under pressure at times, with yields rising as rate‑cut expectations have been pared back and, more recently, part...
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17.03.26 - 13:24
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FTSE 100 Up 0.7% At Noon (AFX)
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BRUSSELS (dpa-AFX) - The FTSE 100 index of the UK stock market remains firmly placed in positive territory around noon on Tuesday despite escalating tensions in the Middle East.Oil prices moved up......
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