"Investors are set to stay in a wary mood at the end of a week infused with nervousness about the trajectory of the war in Iran."
"The FTSE 100 is set for a struggle in early trade, as oil prices march higher again back to scorching levels."
"Brent Crude is trading close to $110 a barrel as scepticism sets in about any deal being reached, with the benchmark up more than 65% since mid-February."
Global markets are experiencing volatility as Donald Trump extends his ultimatum to Iran, causing oil prices to remain elevated. The FTSE 100 has fallen over 8% since the war began, particularly affecting sectors like housebuilding and airlines. Despite this, China shows resilience with rising industrial profits. U.S. tech companies face challenges from high interest rates and market bubble concerns. Analysts predict continued market instability if geopolitical tensions escalate further, with investors remaining cautious amid the uncertainty.
Read at London Business News | Londonlovesbusiness.com
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