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FTSE 100 Live: Shares surge despite Trump's new Iran threats, as ECB hikes rates

Market Technicals & FlowsEnergy Markets & PricesGeopolitics & WarMonetary PolicyInterest Rates & Yields

FTSE 100 rose 84 points to 10,338, while oil prices were lifted after Trump threatened to target Iran oil sites. The ECB also raised interest rates for the first time since 2023, highlighting a hawkish policy shift and adding to market volatility. The headline points to a risk-on equity tone but with significant macro and geopolitical crosscurrents.

Analysis

FTSE 100 rose 84 points to 10,338, while oil prices were lifted after Trump threatened to target Iran oil sites. The ECB also raised interest rates for the first time since 2023, highlighting a hawkish policy shift and adding to market volatility. The headline points to a risk-on equity tone but with significant macro and geopolitical crosscurrents.

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