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Britain’s private sector growth ground to a halt in the first month of the Iran war, according to a survey that pointed to a sudden loss in momentum and the threat of “stagflation.”
Source
Bloomberg Markets
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The UK government signaled it won’t let the US use British military bases for strikes on Iranian energy or civilian infrastructure after President Donald Trump threatened an escalation of operations against Tehran.
Mozambique’s dollar bonds fell to the lowest in almost three years after authorities gave the strongest signal yet of plans to seek restructuring talks with creditors.
Traders risk being wrongfooted by bets that major central banks will move in unison to respond to the threat of prolonged war in Iran, according to Bhanu Baweja, chief strategist at UBS Group AG.
