Oil price jumps and markets slide after Trump warning to Iran

Brent crude rises 8% as US president vows to hit Iran ‘extremely hard’ over coming weeks

The Guardian
2 Bloomberg: The drama kicked off on Thursday after the #BankofEngland said it “stands ready to act” against a surge in #inflation, leading #traders to ramp up bets on an #interest-rate hike as soon as next month. #bonds #BOE #bondmarkets #Gilts
From the AI bubble to Fed fears: the global economic outlook for 2026

Analysts and investors voice caution about tech valuations and Trump’s influence on the US central bank

The Guardian
From the AI bubble to Fed fears: the global economic outlook for 2026

Analysts and investors voice caution about tech valuations and Trump’s influence on the US central bank

The Guardian
From the AI bubble to Fed fears: the global economic outlook for 2026

Analysts and investors voice caution about tech valuations and Trump’s influence on the US central bank

The Guardian

@ChrisMayLA6

There is also a timing issue - pointed out in the #ftweekend . It is at least plausible that #uk share prices will decline sharply in the near future as the #AI bubble bursts. It would make far more sense to encourage #nationalsavings and even bring back the ability to purchase #gilts over a #postoffice counter. However nobody will be lobbying for any of that!

@ChrisMayLA6

The irony is that a return to defined benefit schemes would ease the #uk government's supposed funding problem by increasing demand for lower risk assets such as #gilts ! Odd that #torstenbell cannot see this!

Bloomberg: #Gold hit a record high as the prospect of #Fed rate cuts and growing concerns over the central bank’s future gave fresh legs to the #preciousmetals rally. #Bond #yields climbed & #equities fell as #traders shunned risk. The yield on 30-year #gilts rose to the highest since ‘98 #markets

Hmmm, Sushil Wadhwani (former member of the Bank of England’s monetary policy committee) argues the current high yield on Gilts reflecting market participants sentiment about the UK Govt.'s economic planning, can be brought down by a change in narrative, even as she acknowledges that narrative itself is already skewed, when compared to the reality of comparative economic policies in the US & the UK.

The Q. is: can Labour change that narrative?

#Gilts #politics

https://www.theguardian.com/business/2025/sep/01/uk-gilts-market-autumn-budget

How can the UK avoid trouble in the gilts market?

The government needs bold policies in the autumn budget that will change the narrative without startling the markets

The Guardian
Bloomberg: #UK #bond #yields soared to within a whisker of a 27-year high, piling pressure on Prime Minister Keir Starmer’s government to reduce #fiscal #expenditure. #markets #bonds #gilts