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Europe closes lower as Brent surges above $91, pressuring equities and lifting havens Europe closes lower as Brent surges above $91, pressuring equities and lifting havens

Europe closes lower as Brent surges above $91, pressuring equities and lifting havens

Executive summary: European equities finished broadly lower, with the FTSE 100, CAC 40, DAX and Euro Stoxx 50 all in the red as a sharp jump in Brent crude and firmer gold underscored a risk-off tone. Energy strength and haven demand contrasted with weakness in metals and most major stock benchmarks, while the euro and pound edged higher against the dollar. [Continue Reading]

360LiveNews Markets Intelligence 360LiveNews Markets Intelligence | 18 Aug 2026 16:45 LONDON
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Europe opens lower as oil spikes, gold firms and defensive flows dominate early trade Europe opens lower as oil spikes, gold firms and defensive flows dominate early trade

Europe opens lower as oil spikes, gold firms and defensive flows dominate early trade

Executive summary: European equities opened under pressure, with the FTSE 100 down -1.1%, the CAC 40 off -1.1% and the DAX slightly lower. The sharpest move in the early cross-asset picture is Brent crude, which jumped nearly +4.9%, while gold rose more than +2.1%. The combination points to a market leaning toward inflation hedges and away from cyclical risk at the European open. [Continue Reading]

360LiveNews Markets Intelligence 360LiveNews Markets Intelligence | 18 Aug 2026 08:15 LONDON
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