Five Things You Need to Know to Start Your Day: Europe
Get up to speed with what the markets are monitoring
Good morning. There’s a lot going on in the Middle East and gold and copper surge to records. UK inflation is in focus this week and London keeps its crown as the top destination for financial investors. Here’s what people are talking about.
The commodity market is grabbing attention with renewed jitters over geopolitical uncertainties in the Middle East. Iranian President Ebrahim Raisi has been killed in a helicopter crash in a mountainous area of the country. The incident comes at a time of turmoil in the region over the war in Gaza between Israel and Iran-backed Hamas. In the meantime, Saudi Crown Prince Mohammed bin Salman postponed a planned four-day trip to Japan due to concerns over the king’s health. Elsewhere in the markets, gold and silver are higher while copper surged to a fresh record in anticipation of supply shortages.