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TSX Futures Rise as Gold Gains Amid Easing Oil Prices and Geopolitical Tensions

TSX Futures Rise as Gold Gains Amid Easing Oil Prices and Geopolitical Tensions

TSX Futures Rise as Gold Gains Amid Easing Oil Prices and Geopolitical Tensions
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Bank of England joins other central banks in freezing rate cuts as Iran war upends global economy

Bank of England joins other central banks in freezing rate cuts as Iran war upends global economy

The Bank of England is keeping its main interest rate on hold at 3.75% as policymakers assess the economic impact of the Iran war and Tehran’s effective closure of the Strait of Hormuz, through which a fifth of the world’s crude passes
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Bank of England sits tight on interest rates like US and Japan as Iran war upends the global economy

Bank of England sits tight on interest rates like US and Japan as Iran war upends the global economy

The Bank of England is keeping its main interest rate on hold at 3.75% as policymakers assess the economic impact of the Iran war and Tehran’s effective closure of the Strait of Hormuz, through which a fifth of the world’s crude passes
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Bank of England keeps interest rate on hold at 3.75% as it weighs impact of Iran war on UK economy

Bank of England keeps interest rate on hold at 3.75% as it weighs impact of Iran war on UK economy

The Bank of England is keeping its main interest rate on hold at 3.75% as policymakers assess the economic impact of the Iran war and Tehran’s effective closure of the Strait of Hormuz, through which a fifth of the world’s crude passes
Reuters Reuters
Traders temper euro zone rate hike bets as ECB grapples with Iran war impact

Traders temper euro zone rate hike bets as ECB grapples with Iran war impact

By Harry Robertson and Amanda Cooper LONDON, April 30 (Reuters) - Traders on Thursday slightly tempered their bets that the European Central Bank will hike interest rates three times this year, after policymakers flagged the trade-off between rising inflation and the hit to growth from higher energy
Reuters Reuters
Global oil price hits 4-year high on concern of US-Iran war escalation

Global oil price hits 4-year high on concern of US-Iran war escalation

(Refiles to remove additional 'more' in the first paragraph) By Alex Lawler LONDON, April 30 (Reuters) - Global oil prices jumped to a four-year high of more than $122 a barrel on Thursday, on concerns that the U.S.-Iran war could worsen and lead to a protracted Middle East oil supply disruption
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Kashkari: Uncertainty around oil shock means Fed should acknowledge risk of rate hikes

Kashkari: Uncertainty around oil shock means Fed should acknowledge risk of rate hikes

By Howard Schneider WASHINGTON, May 1 (Reuters) - The U.S.-backed war with Iran could change the inflation outlook enough to force the Federal Reserve into "potentially a series" of rate hikes to defend the central bank's 2% inflation target, Minneapolis Fed president Neel Kashkari said in
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Oil prices keep spurting higher, while US stocks edge further from their record heights

Oil prices keep spurting higher, while US stocks edge further from their record heights

Oil prices kept spurting higher and neared their highest levels since 2022
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Oil prices keep spurting higher, but US stocks hold near their records

Oil prices keep spurting higher, but US stocks hold near their records

More jumps for oil prices sent tremors through the bond market, along with hints that some Federal Reserve officials don’t want to cut interest rates any time soon
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President Trump Extends Iran Blockade, Oil Prices Surge

President Trump Extends Iran Blockade, Oil Prices Surge

Oil prices have surged following President Trump's decision to maintain a U.S. Navy blockade on Iran. This move is part of a strategy to exert pressure on Iran's economy and oil exports. Brent crude futures rose over 5% to $117.58 per barrel, while U.S. West Texas Intermediate futures increased to $105.33 per barrel. The blockade aims to restrict Iran's control over the Strait of Hormuz, a critical passage for global oil exports. Despite stalled negotiations to end the conflict, President Trump has instructed his aides to prepare for an extended blockade, emphasizing the need for Iran to 'get smart soon.' The blockade has intensified geopolitical tensions and disrupted oil exports from the Middle East.
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Global inflation worries stir on energy price flare-up, but still relatively subdued: Reuters poll

Global inflation worries stir on energy price flare-up, but still relatively subdued: Reuters poll

By Hari Kishan BENGALURU, April 28 (Reuters) - Inflation in most countries will be markedly higher this year than predicted three months ago amid a stalemate in the energy crisis brought about by the U.S.-Israeli war with Iran, according to a Reuters poll of around 500 economists, who barely altered
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Oil rises on reports US will extend Iran blockade, prolonging Mideast supply disruptions

Oil rises on reports US will extend Iran blockade, prolonging Mideast supply disruptions

By Sam Li and Lewis Jackson BEIJING, April 29 (Reuters) - Oil prices rose on Wednesday, extending a multi-day rally, on reports the U.S. will extend its blockade of Iranian ports, likely prolonging supply disruptions from the key Middle East producing region. U.S.