Europe opens mixed as oil and precious metals surge, FTSE slips while DAX and CAC edge higher
Executive summary: European markets opened with a split tone, as the FTSE 100 slipped while the DAX, CAC 40 and Euro Stoxx 50 posted modest gains. The biggest moves were in commodities, with Brent crude jumping nearly 8%, gold surging above $4,400 and silver and natural gas also rallying sharply. FX was firmer for the euro and sterling against the dollar, while USD/JPY pushed higher, adding to the cross-asset signal that inflation and geopolitical risk are back in focus. [Continue Reading]
360LiveNews Markets Intelligence | 11 Aug 2026 08:15 LONDON
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Oil prices rise as Strait of Hormuz closure drags on
Oil prices rose sharply on Monday as hopes faded that the Strait of Hormuz would reopen soon, with traders reacting to the continued closure of one of the world's most sensitive energy routes. Brent crude futures climbed more than $2 and were up 3.3% at $84.64 a barrel, while West Texas Intermediate rose 3.1% to $80.63. The move came after a brief easing last week, when prices fell on expectations that a deal might be close.Tehran has said the waterway will not reopen until the United States meets a set of demands, including ending military threats and sanctions and providing... [Continue Reading]
360LiveNews | 10 Aug 2026 17:29 LONDON
Europe closes higher as oil and precious metals surge, DAX leads regional gains
Executive summary: European equities finished broadly higher, with the DAX leading major benchmarks and commodity-linked assets driving the day’s biggest moves. Brent crude jumped sharply, gold and silver extended strong gains, and the euro and pound firmed against the dollar, while ether slipped. The move set points to a market still balancing growth optimism, inflation sensitivity, and renewed attention on energy costs. [Continue Reading]
360LiveNews Markets Intelligence | 10 Aug 2026 16:45 LONDON
European markets open firmer as oil and precious metals surge, DAX leads gains
Executive summary: European equities opened higher, led by the DAX, while Brent crude and precious metals posted outsized gains that are likely to shape the session’s tone. The move points to a market balancing stronger commodity inflation signals against a still-supportive risk backdrop for stocks and currencies. [Continue Reading]
360LiveNews Markets Intelligence | 10 Aug 2026 08:15 LONDON
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