Weekly Market Update - 16 June 2025 - Oil prices surge as geopolitical tensions escalate
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Weekly Market Update - 16 June 2025 - Oil prices surge as geopolitical tensions escalate
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A week dominated by the escalation of geopolitical tensions in the Middle East, sending oil prices higher and markets lower. Other factors included developments in trade negotiations and a focus on economic news.
Weekly markets in brief
US: Week starts with better-than-expected economic data but ends with geopolitical tensions rising.
Japan: Trade talks and geopolitics take centre stage.
China: Deflationary pressures could weigh on the economy.
Europe: Will the European Central Bank (ECB) pause its interest rate cuts?
UK: UK economy shrinks, labour market cools, pay growth slows.
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