Oil Seen Rising Past $150 If Hormuz Still Closed

Horizons Middle East & Africa 06/12/2026 (Video)

Central Banks Face Growing Pressures: Markets Snapshot

Central banks are staring down a pivotal moment for global monetary policy as they grapple with a growing list of risks. , Kevin Warsh will need to find a way to navigate the central bank’s policy path amidst a combination of higher energy prices and a surprisingly strong US jobs report. Meanwhile in Europe, the ECB and BOE face the prospect of secondary effects due to the war in Iran and a sluggish growth outlook.

UK economy contracts as Iran war impact felt

The contraction in April comes after the economy saw stronger than expected growth in March.

SpaceX to list on US stock market today after raising $75bn in largest IPO ever – business live

Rolling coverage of SpaceX’s record-breaking initial public offeringGood morning. Elon Musk’s SpaceX will touch down on the US stock market today after successfully conducting a record-breaking initial public offering, but will its shares head towards the moon?Shares in the rockets-to-satellites-to-AI company will begin trading in Wall Street today, after SpaceX raised $75bn through its IPO.7am BST: UK GDP report for April2.30pm BST: US stock market trading begins3pm BST: University of...