FTSE 100 today: London markets poised for red start as Middle East tensions escalate; investors await more details on the crisis
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FTSE 100 today: London markets poised for green start as Israel-Iran tensions ease; focus turns to ‘Magnificent Seven’ earnings
Global markets saw a significant turnaround, with Asian stocks rebounding strongly while oil and gold prices dipped. Bitcoin, on the other hand, surged by 3 per cent. Investors are eagerly awaiting earnings reports from the "Magnificent Seven" companies and aviation giants Boeing and Airbus, making this a pivotal week.
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FTSE 100 today: London markets set to extend record streak on strong global cues
Asian stocks tracked Wall Street's gains, while Japan's yen held firm after suspected intervention spurred sharp gains. Oil prices dipped amidst Israel-Gaza ceasefire talks, and China's factory activity expanded for the second month. Investor attention was on the upcoming Fed policy decision and earnings reports from Amazon.com and Coca-Cola.
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FTSE 100 today: London markets set to shine green, riding global upward momentum
Asian markets followed Wall Street's upward trend, with oil and gold prices trading nearly flat as tensions in the Middle East eased. Tesla's stock soared 13 per cent after plans to fast-track a 'more affordable' model release. Attention now shifts to the upcoming earnings reports from Meta, Boeing, IBM, and Intel.