Oil price rise risks ‘adverse shock’ to global economy – business live | Business
INTRODUCTION: Petroleum price increase is “negative shock” to the global economy.
Good morning and welcome the business world to our financial markets and our world economy.
Today, as the oil price rises again, as the attacks between Israel and Iran continue, economists warn that the global economy is already facing a negative shock at a difficult time for growth.
Since the conflict between the two countries entered the fourth day, this morning oil prices increased by approximately 1%.
Fear of deterioration of materials – a risk if the hormuz throat is to be closed – makes the oil price variable. After an increase of 7% on Friday, Brent Hamir rose by 0.5% on Monday morning, and $ 74.60 per barrel last Friday, at the beginning of a five -month height.
While Iran accounts for about 3% of global oil materials, approximately 20% of global oil and LNG flow from the Hormuz Strait, which makes it an important artery for the global economy.
Traders said that an Iranian gas field in the Gulf of Iran was shot on Saturday and that Iran asked Iran to accuse Israel of expanding the war beyond Iran.
Mohamed al-UsianEconomic Consultant to Insurance Giant AllianzHe says that the conflict causes slower global growth, increase in inflation pressure, akka decrease in policy flexibility ”for central banks and göre gradual erosion of the global order”.
He warned yesterday:
Two days before the condensing hostility, both the probability and potential violence of these four influences increased, which confirmed the idea that it has already pushed a negative shock to a fragile global economy.
The stock exchanges have been a little durable on Monday. Japan Nikkei 225 The index earns more than 1% today, while the Chinese markets are a bit hgher.
Wall Street will also open a little higher; Tony Planeanalyst SPINDLEDescribes:
While the situation in the Middle East continues to be fluent, the US S&P500 stock futures are traded in 6036 this morning about 0.95% higher, probably Israel’s early success to keep Iran’s nuclear facilities, air defenses, missile production and strategic abilities of military leaders.
In addition, while Israel targeted the Iranian energy infrastructure used in Turkey, the key Iranian oil refrained from targeting the export infrastructure.
Agenda
KEY EVENTS
Jump to the Metro Bank shares inheritance approach report
The FTSE 250 medium -sized company index increases by 38 points (+0.2%) with 21.212 points this morning.
Lender Metro Bank 8.5 %increase the highest riser Sunday Times Report The Polen Street had taken an approach from Capital.
MetroIn 2010, in a century, the first new Street Bank of England had a problematic time-2019, a great accounting blunder led to a close sentence, and in 2024, the British financial observer was fined about 17 million pounds for money laundering control errors.
However, their reserves have recently developed after returning to profit; Can he now participate in the migration of companies from the London Stock Exchange?
Oil prices rise a little more – Brent crude oil increases almost 1% per barrel to $ 74.90.
Despite the Middle East tensions, markets increase
Despite the attacks between Iran and Israel, European stock exchanges began the new week with modest gains.
In London, Ftse 100 The Sharing Index is higher with 8868 points (+0.2) higher.
Petroleum companies BP (+1.4%) and Shell (+1.4%) FTSE 100 Ascendants, watch the increase in raw prices. Mining companies are also higher. Betting company To join This morning, the US joint attempt income from BETMGM and increased by 6% after removing profit forecasts.
In Germany DAX Index 0.08%, France Cac It increased by 0.3 %.
Jochen Stanzl, chief market analyst CMC marketsHe reports that there is attention in the markets:
Investors are careful after a weekend marked with mutual attacks between Israel and Iran. However, there has not been a complete sale. The market is currently foreseen a limited conflict, but there are very few indicators that hostilities will end rapidly. This week, the struggle is expected to continue without a limited scale.
Investors should not have the hope of solving the situation rapidly in the coming days. Uncertainty in the market typically causes volatility to increase because planning becomes more difficult. There is a risk of rise beyond local retaliation actions; This includes the likelihood of Iran to target energy facilities that may cause a sharp increase in oil prices. If oil prices exceed 100 dollars per barrel again, Germany may once again be threatened with stagnation.
UK drivers may soon feel the effect of increasing tensions in the Middle East in the Oil Station.
Brent crude oil rose below $ 64/barrel at the end of last month, and this morning rose to about $ 74.50, which often led to higher fuel prices.
Thomas Pugh, Economist in the leading audit, tax and consultancy firm Rsm uk Describes:
“The tensions and uncertainties around global trade and tariffs are alleviated by an agreement on tariffs between the US and China, as the Israeli/Iranian rise represents a new geopolitical voltage source. This is the highest increase in oil prices for the British businesses and the economy through higher oil and natural gas prices. Pump prices will result in an increase of 5P during the month.
“A rough rule is that an increase of $ 10 pb in an barrel oil price adds 0.1% to inflation as higher fuel prices passes through the system. Natural gas prices have increased, but a slightly smaller amount.
“However, to make it a context. Last year, oil prices were around $ 85 PB and are still far from $ 120 pb of $ 2022. If oil prices remain at these levels, the UK Bank and this year are likely to make a difference in interest rates or economic growth.
Golden Price Returns
The price of gold, which is a classic safe asset, has returned today-perhaps a sign that market anxiety alleviated.
As we blogged on Friday, Gold jumped immediately after the start of the attack on Iran as investors entered safer assets.
This movement fell slightly today, Wih gold fell from $ 3.415% per ounce of gold.
It is important that gold is always the highest and below $ 3,500. If it rises at this point, it will be a sign of the relative calm in the markets explode.
Middle Eastern tensions to intensify ‘surprisingly silent response’ markets.
As long as things stop… The oil price rally remains “limited için today to mount the Middle East tensions Silk Ozkardeskayasenior analyst Swissquote Bank.
Ozkardeskaya Describes:
As the hostilities between Iran and Israel continued, the weekend headings were busy. An Iranian gas area in the Gulf of Iran was shot on Saturday and increased its concerns that the rise could spread to global energy markets. Although the damage seems to be limited to Iran’s local supply, targeted gas processing facilities are linked to open sea oil production areas and potentially threatens wider flow of energy.
The US HAMBA opened a week over $ 76 per barrel, and Brent Hamir briefly increased over $ 84 per barrel. However, both criteria provided rapidly gaining. Natural gas also increased to a 100 -day moving average before withdrawing and rose to the opening. The US Dollar is also gaining galad, which is higher in Haven Flows, at record levels.
The early trade response points to a surprising quiet response from the markets despite the intensification of the Middle East tensions.
INTRODUCTION: Petroleum price increase is “negative shock” to the global economy.
Good morning and welcome the business world to our financial markets and our world economy.
Today, as the oil price rises again, as the attacks between Israel and Iran continue, economists warn that the global economy is already facing a negative shock at a difficult time for growth.
Since the conflict between the two countries entered the fourth day, this morning oil prices increased by approximately 1%.
Fear of deterioration of materials – a risk if the hormuz throat is to be closed – makes the oil price variable. After an increase of 7% on Friday, Brent Hamir rose by 0.5% on Monday morning, and $ 74.60 per barrel last Friday, at the beginning of a five -month height.
While Iran accounts for about 3% of global oil materials, approximately 20% of global oil and LNG flow from the Hormuz Strait, which makes it an important artery for the global economy.
Traders said that an Iranian gas field in the Gulf of Iran was shot on Saturday and that Iran asked Iran to accuse Israel of expanding the war beyond Iran.
Mohamed al-UsianEconomic Consultant to Insurance Giant AllianzHe says that the conflict causes slower global growth, increase in inflation pressure, akka decrease in policy flexibility ”for central banks and göre gradual erosion of the global order”.
He warned yesterday:
Two days before the condensing hostility, both the probability and potential violence of these four influences increased, which confirmed the idea that it has already pushed a negative shock to a fragile global economy.
The stock exchanges have been a little durable on Monday. Japan Nikkei 225 The index earns more than 1% today, while the Chinese markets are a bit hgher.
Wall Street will also open a little higher; Tony Planeanalyst SPINDLEDescribes:
While the situation in the Middle East continues to be fluent, the US S&P500 stock futures are traded in 6036 this morning about 0.95% higher, probably Israel’s early success to keep Iran’s nuclear facilities, air defenses, missile production and strategic abilities of military leaders.
In addition, while Israel targeted the Iranian energy infrastructure used in Turkey, the key Iranian oil refrained from targeting the export infrastructure.
