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Live Updates  >  Live Update Details

2026-07-13 19:34:10

[Barclays: Middle East tensions drive up oil prices, Bank of England may signal interest rate hike] (1) The US strikes Iranian targets over the weekend, and Iran subsequently attacks ships in the Strait of Hormuz, pushing up oil prices due to geopolitical conflict. (2) Barclays analysts believe that the escalation of the Middle East situation and the strengthening of oil prices will exacerbate inflationary pressures, and members of the Bank of England's Monetary Policy Committee may signal a preference for interest rate hikes in the coming months. (3) The market has fully priced in the expectation of a 25 basis point rate hike in 2026 and expects a 28% probability of another 25 basis point rate hike before the end of the year.

Real-Time Popular Commodities

Instrument Current Price Change

XAU

4016.36

40.10

(1.01%)

XAG

55.884

0.395

(0.71%)

CONC

81.77

3.49

(4.46%)

OILC

88.08

3.22

(3.80%)

USD

100.759

0.039

(0.04%)

EURUSD

1.1438

-0.0004

(-0.03%)

GBPUSD

1.3455

-0.0022

(-0.17%)

USDCNH

6.7769

0.0044

(0.06%)

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