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A fresh US-Iran flare-up pushed oil prices higher, and investors this week raised expectations for Bank of England hikes in 2026, BofA strategists said. They flagged the UK’s continued high sensitivity to global oil-price shocks as prompting a repric

2026-07-10

A fresh US-Iran flare-up pushed oil prices higher, and investors this week raised expectations for Bank of England hikes in 2026, BofA strategists said. They flagged the UK’s continued high sensitivity to global oil-price shocks as prompting a repricing of rate expectations. London Stock Exchange Group data show the market now prices a total of 27bp of Bank of England hikes for 2026, up from 20bp a week earlier.

Other News
2026-07-10

Japan 10-year government bond yield fell 10 bps to 2.775%; 20-year yield fell 10 bps to 3.765%.

Japan 10-year government bond yield fell 10 bps to 2.775%; 20-year yield fell 10 bps to 3.765%.
2026-07-10

The USD/JPY pair touched 162, down 0.22% on the day.

The USD/JPY pair touched 162, down 0.22% on the day.
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