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UK government bonds declined amid higher oil prices and political uncertainty following Andy Burnham's by-election victory.
quantifiedstrategies.comUK bonds fell as oil prices renewed concerns over inflation and Andy Burnham's by-election win increased political uncertainty. @business reported the simultaneous movement in bond prices and crude markets. The report tied the bond decline directly to renewed inflation pressure from oil.
The same report linked the political result to added uncertainty for investors. No further figures on price changes or election margins were provided.
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EuronewsApple surpassed Nvidia during intraday trading to become the world's most valuable company with a $4.88 trillion valuation. Nvidia shares fell as much as four percent during the session before recovering.
Iran's Revolutionary Guards said they stopped four tankers attempting to transit the Strait of Hormuz in a combined missile and drone operation. Two oil tankers exploded after hitting mines, the Guards stated.
foodbusinessnews.netTaco Bell finished pulling affected Taylor Farms lettuce from all U.S. restaurants on July 17. Taylor Farms de Mexico also began removing iceberg lettuce from central Mexico from the U.S. market after receiving information from officials.