Oil Prices Surge, Markets Brace for Volatility
Sydney News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
European stocks rise as mining and energy shares boost FTSE, DAX, CAC, and IBEX; sterling dips against dollar. Oil prices surge amid Middle East tensions, Brent crude hits one hundred sixteen dollars fifty-one cents a barrel. Bond yields climb on inflation fears, pressure on BoE and ECB for rate hikes. Eli Lilly seeks steady NHS drug price hikes, Debenhams shares soar after beating profit forecasts.
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