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The Latest Breaking News from IG

Oil prices return to 100 dollars a barrel as US carry out strikes in Iran

Oil prices have risen to 100 dollars a barrel as waning optimism over a US-Iran peace deal weighs on global energy markets.

Evening Standard

Oil prices return to 100 dollars a barrel as hopes of Iran peace talks wane

It was nonetheless a mixed morning for the financial markets with UK stocks climbing higher and government borrowing costs falling.

Evening Standard

Oil prices surge to $100 a barrel as US-Iran peace hopes fade amid military strikes

It was a ‘messy’ morning for global markets, an analyst says

The Independent UK

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FED:Oil rises, shares dip as Iran strikes rattle deal hopes

Fresh US attacks on Iranian boats and missile sites have sparked a slump in the local bourse, as investors weigh the fading likelihood of a US-Iran peace deal.

AAP

ASX slips after US strikes Iran but insists deal intact

Financials, utilities and energy stocks have weighed on the local bourse after tensions flared in the Persian Gulf, prompting a tentative trading session.

AAP

Brent rises nearly 2% as US military strikes Iranian boats, missile launch sites

Oil prices surged as U.S. forces conducted strikes in southern Iran. This action has heightened market concerns amid ongoing negotiations to end a protracted war. Talks are progressing on a potential deal to allow safe passage through the Strait of Hormuz. Traders are anticipating a breakthrough that could free up…

The Economic Times

Dollar perched near six-week high on uncertainty over US-Iran deal

The dollar held near a six-week high on Friday, buoyed by hopes of U.S.-Iran peace deal progress and strong U.S. economic data. Despite mixed signals from talks, investors favored the dollar, while the yen weakened significantly due to high oil prices and concerns over intervention. Emerging Asian currencies also faced…

The Economic Times

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FED:Surprise unemployment jump eases interest rate fears

The Australian labour market has shown signs of softening as tens of thousands of people register as unemployed, boosting hopes of a Reserve Bank rate hold.

AAP

FED:Jobs market holds key to next Reserve Bank rates call

The impending release of labour force data will have a big bearing on whether interest rates rise again soon, as economists debate the Reserve Bank's next move.

AAP

Jobless jump, Iran war shoot down fears of rate rise

The big four banks are tipping the Reserve Bank to hold interest rates steady at its next meeting after the jobless rate surged and as the Iran war hits home.

AAP

The Chicest Designers in New York All Seemed to Agree on These 4 Trends at NYCxDESIGN 2026

Shapeshifting furniture, art-kid ceramics, and emotionally in-tune lighting point toward a future where the home finally feels like it gets you back

Homes & Gardens

Bond yields pause, stocks steady before Nvidia results

US bond yields have held steady near recent highs as the Iran war continues to fuel inflation fears, while global share markets await Nvidia results.

AAP

Oil prices climb as Donald Trump signals tougher action on Iran

Oil prices climbed on Monday and European markets opened lower as US President Donald Trump sent a new warning to Iran via social media.

Euronews

Oil touches 2-week high after drone attack on UAE nuclear power plant

Oil prices are rising as tensions between the U.S. and Iran escalate. An attack on a nuclear power plant in the United Arab Emirates has heightened concerns. U.S. President Donald Trump is reportedly set to discuss military actions against Iran. This follows recent drone attacks on the UAE and Saudi…

The Economic Times

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The Guardian - US

Pentagon quietly shut legally required program to prevent civilian deaths by military, watchdog finds

Trump administration accused of cutting military’s civilian harm program in light of US strike on girls school in Iran

Evening Standard

UK borrowing costs hit 28-year-high as City braces for Burnham challenge

The pound is also on track for its worst week since 2024 amid growing concern over political instability.

AAP

Aussie stocks down for four of past five weeks

More than a month of poor conditions and bad news have weighed on the ASX - and local investors don't have much to look forward to for the time being.

The Economic Times

AI boom puts SK Hynix on the cusp of $1 trillion market value

South Korea is at the forefront of Asia's AI boom, with SK Hynix nearing a $1 trillion market value, following Samsung Electronics' recent milestone. Driven by surging AI demand for memory chips, SK Hynix shares have seen significant growth.

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news in one place.

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The Economic Times

Oil edges up ahead of Trump-Xi meeting in Beijing

Oil prices saw a slight increase as investors awaited the meeting between U.S. President Trump and Chinese President Xi Jinping, with the Iran war a key focus. Despite U.S. sanctions, China remains a major buyer of Iranian oil, complicating efforts to resolve the conflict.

The Independent UK

Baltimore City Hall accused of spending $50K on crab cakes and Old Bay wings at Orioles games

Feud erupts between Mayor Brandon Scott and Inspector General Isabel Mercedes Cumming over access to sensitive internal records, prompting IG to publish report alleging excess spending by his staffers

The Guardian - UK

Global oil inventories falling at record pace amid Iran war; US producer price inflation hits four-year high – as it happened

IEA warns that mounting supply losses from the Strait of Hormuz are depleting global oil inventories at a record pace

AAP

Aussie shares log fourth session of losses, banks drag

Commonwealth Bank shares recorded their worst day in history after an earnings miss and new tax reforms have investors questioning its valuation.

AAP

Aussie shares wobble ahead of budget, oil surges again

Deteriorating US-Iran relations and concerns over flagged tax reforms weighed on the local share market, which has fallen in 15 of the past 19 sessions.

AAP

Shares drop, oil rebounds as US and Iran exchange fire

Hopes of a deal to end the blockade of a key oil and gas transport route are hanging by a thread, following reports the US and Iran exchanged fire overnight.

The Economic Times

Oil prices jump on renewed US-Iran hostilities

Oil prices surged Friday amid renewed U.S.-Iran clashes, jeopardizing a fragile ceasefire and dimming hopes for reopening the vital Strait of Hormuz. Brent crude and WTI futures climbed significantly, reversing earlier declines. This escalation follows Iran's accusations of U.S. violations and U.S. claims of retaliatory strikes, despite President Trump stating…

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