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The Latest Breaking News from xtb

Oil price plummets as Iran declares Hormuz open

‘For stock and bond market bulls around the world, this is the perfect end to the week,’ said Kathleen Brooks, research director at XTB.

Evening Standard

FTSE 100 closes lower as Iran war sends price of oil rocketing

The index closed down 98.31 points, 0.9%, at 10,305.29.

Evening Standard

FTSE 100 falters as investors mull outlook for UK economy

It comes as Rachel Reeves told Sky News that she is looking at both tax rises and spending cuts in the upcoming Budget.

Evening Standard

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Political unease sparks increase in UK bond yields as FTSE 100 dips

The possibility of a political challenge to Sir Keir Starmer could put the pound under pressure, analysts warned.

Evening Standard

Stock Markets Plunge On US Recession Fears

In the United States, the tech-heavy Nasdaq Composite Index plummeted by 4.0 percent, seeing its worst day since 2022 after Trump declined to rule out the risk of a U.S. recession. The Nasdaq was bogged down by retreats in the so-called Magnificent Seven tech stocks, which include Google parent Alphabet,…

International Business Times

European markets set for heavy falls after Trump’s EU tariff warnings

It follows a wave of weekend tariffs announced by the US president for Mexico, Canada and China.

Evening Standard

Chancellor facing tough questions over fiscal rules as market woes deepen

Chancellor Rachel Reeves said over the weekend that her fiscal rules were ‘non-negotiable’.

Evening Standard

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Pound under further pressure as government borrowing costs keep rising

Sterling fell nearly 1% to just under 1.23 US dollars – its lowest level since November 2023.

Evening Standard

Labour more trusted than Tories on economy and stock market according to poll by investment platform XTB

Conservative attacks on Labour’s approach to the economy appear to have failed with Sir Keir Starmer’s party leading the Tories by 13 points in the key electoral battleground of the economy.

Evening Standard

London float flops: Investors have lost nearly £10bn in five years

The average loss per pound invested was 28p

Evening Standard

A third of Brits feel misled by online financial 'experts' - who overstate credentials

A study has revealed there are now over 71,000 'finfluencers' - financial influencers - online, but they may not be as qualified as they claim

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