Oil prices soar following the imposition of new sanctions to Iran, one of the major crude exporters. The renewed sanctions came into force early on Tuesday.
Tag: sterling
According to the US Secretary of State the White House will provide detail regarding the implementation of new sanctions to Iran on Monday. US–Iran tension is mounting.
As traders widely expected, Bank of England raised interests from 0.50% to 0.75% after nine years.
The US – China trade dispute is still alive and well. Trump’s administration recent threat for additional tariffs on $200bn Chinese products has once again come to the forefront.
The Japanese currency dropped against the US Dollar and is set to register its biggest daily loss in 3 weeks. Let’s find out how has the BOJ policy meeting been concluded.