Daniela Hathorn

Risk off sentiment intensifies in markets as news breaks that Israel has attacked Iran

Global indices pull back from recent highs as geopolitical tensions mount and rate cut expectations drop

Investors are keeping a close eye on gold as the conflict in the Middle East escalates with a possibility of a full-scale regional war in the area.

UK wage growth remains strong but unemployment rises

Markets expect the ECB to confirm a rate cut in June

The bullish momentum in oil prices remains strong as escalating geopolitical tensions raise concerns about supply.

Gold moves higher despite a stronger USD

European stocks continue to move higher as markets expect a rate cut from the ECB in June

The US stock market retreats from recent highs as traders anticipate fewer cuts from the Fed

Increased tensions between Russia and Ukraine lead to higher risks of supply disruptions