geopolitical-uncertainty
5 stories related to this topic, newest first.
US-Iran Talks Stall Over Strait of Hormuz, Global Energy Prices Rise
Peace negotiations between the US and Iran remain deadlocked amid ongoing disruptions in the Strait of Hormuz, driving up global energy prices. Gold prices held steady near $4,700 an ounce while traders monitored the uncertainty. Separate developments included Xbox Game Pass chan…
UK Housing Market Slows Amid Rising Mortgage Costs and Geopolitical Uncertainty
The Royal Institution of Chartered Surveyors reported a slowdown in the UK property market in March, with buyer inquiries and sales declining due to higher borrowing costs and geopolitical factors. House price expectations weakened, particularly in southern England regions. Suppl…
Martin Addison / Wikimedia (CC BY-SA 2.0)Mortgage Applications Decline Annually for First Time in Over a Year Amid Economic Uncertainty
Mortgage demand from homebuyers and homeowners fell 4% annually in the week ending October 6, marking the first yearly drop in over a year. The decline coincides with weakening consumer sentiment influenced by geopolitical tensions from the Israel-Hamas war. Data from the Mortgag…
Malc McDonald / Wikimedia (CC BY-SA 2.0)UK House Prices Decline Amid Rising Mortgage Rates and Geopolitical Uncertainty
UK house prices fell in the latest month as mortgage rates increased and many low-rate deals were withdrawn. BBC News reported that uncertainty from the Iran conflict contributed to reduced buyer demand. The housing market faces ongoing challenges from higher borrowing costs.
Goldman Sachs Vice Chairman Robert Kaplan Discusses Markets and Federal Reserve in CNBC Interview
Robert Kaplan, Vice Chairman at Goldman Sachs, appeared on CNBC's 'Closing Bell' program. He addressed the current state of financial markets amid geopolitical uncertainty. Kaplan also covered the global oil market and its implications for the Federal Reserve.