Caroline Hepker

But the main subject of the speech was, of course, around Iran, talking about hitting Iran extremely hard over the next two to three weeks.

Potentially oil prices have surged on the back of that.

We are up 5.7%.

for Brent crude futures.

Again, reversing the moves that we saw yesterday.

We're back to $106.91 for Brent crude futures.

This is we see a reversal in global stock gains that we saw yesterday.

The MSCI Asia-Pacific Index is down by 2.3% this morning.

Stock futures for Europe slumping 1.9%.

You have 10-year US Treasury yields surging six basis points at 437%.

This morning, and the dollar also strengthening four tenths of 1% on the uncertainty.

And really the message that markets did not want to hear a potential prolongation of the war in Iran.

That's news when you want it with Bloomberg News Now.

I'm Caroline Hepker, and this is Bloomberg.

And I'm Caroline Hepke in London.

We're the hosts of the Bloomberg Daybreak Europe podcast.

We do it early so the news is fresh, not recycled, and so you know what actually matters as the day gets going.

And from London, I'm looking at what all that means for markets, money and the wider economy.

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