We know so far about Marketwatch:
Geopolitical tensions have set the oil price on Thursday in turmoil. According to media reports, a tanker in the Gulf of Oman had sent an emergency signal after an attack and was on fire, while Bloomberg reported that a second tanker had also been attacked after both sailed from Saudi Arabia. The Associated Press reported that an arm of the Royal Navy had investigated the incident after Iran 's media also released explosions in the area. Englisch: emagazine.credit-suisse.com/app/art … = 263 & lang = en reported to the region. The US Navy was aware of the incident, Bloomberg reported.
Today's alleged attacks occur one month after the attack by four ships outside the Strait of Hormuz (between the United Arab Emirates and Israel) Iran).
US. National Security Advisor John Bolton claimed two weeks ago that Iran was almost certainly responsible for the attacks, with no evidence to substantiate the allegation.
However, Iran blamed the "adventurism" of foreign players for disrupting maritime security.
The incidents are due to growing geopolitical tensions in the region. President Trump has withdrawn from the multinational nuclear pact with Iran and has imposed new sanctions on his economy, including a ban on oil sales.
Luckily there are reports that the crews of the two tankers are safe.
MAP: Two Tankers Hit in the Gulf
] Iranian media reports that TWO tankers were hit in the Gulf of Oman.
The Financial Times has more details:
The Arab Iranian television al-Alalam reported that Pakistan's local authorities were also hearing the sound of confirmed explosions.
Marine executives circulated on Thursday morning that the MT Front Altair oil tanker was abandoned and its crew was safely rescued by a nearby ship and that it was fully loaded and on fire.
The fire on the front Altair was caused by a "surface attack", it said in one of the news. The news also said that a second nearby tanker, Kokuka Courageous, could not be contacted because its automatic identification system was offline.
I buried in our Reuters terminal – and found the two tankers.
As you can see, Front Altair made a sudden turnoff to the south this morning, presumably when the incident occurred.
The news that a tanker has caught fire in the Gulf of Oman fuels the fear of geopolitical turmoil in the area.
Neil Wilson of Market.com explains:
Oil has risen sharply after plummeting overnight to a 5-month low. Reports that an oil tanker in Oman was on fire shook the markets, bringing Brent $ 2 in just a few minutes. However, you'll have to wait to see if this persists or if it's an algo-based kneejerk that is fading.
We know that geopolitical tensions in the region are worsening, raising supply-side concerns about short-term failures, and so on, but with OPEC already limiting production and US production to a record high, the market is far less vulnerable for a shock.
Oil jumps after incident on the Gulf of Oman
Short news: The oil price has just risen according to reports of a tanker in the USA The Gulf of Oman is burning.
Details of the incident are incomplete, moreover, it occurred near the Iranian coast.
However, the markets are reacting quickly. Brent crude rose more than 3% to $ 62 a barrel, having reached a five-month low below $ 60 last night.
What Chartered Surveyors Say About Brexit
The survey among Chartered Surveyors in the UK this month is full of references to Brexit – here a summary of the comments:
Paul McSkimmings of Edward Watson Associates of Newcastle upon Tyne,
Good month with expected instruction levels despite persistent uncertainty due to Brexit. I still expect a significant drop in work if the Brexit eventually stumbles across the line.
Jonathan Milner of Paisley Properties in Huddersfield
The usual Easter wave continues. The demand remains strong, overall no Brexit jitter. Level second-hand stocks are entering the market, while new-builds are becoming increasingly popular.
Ben Hudson of Hudson Moody, York:
A realization that Brexit lasts forever has led buyers and sellers to start making decisions, moving.
James Brown of Norman F Brown of Richmond:
The lack of new real estate on the market, however, persists after the Brexit shift, buyers seem to have responded positively and some properties sell quickly at good prices.
Andrew W York of Moore & York in Leicester:
Turnover in the second half of the month, but will this continue despite political / Brexit uncertainty?
Simon Rubinsohn, RICS Chief Economist, says today's poll shows that the UK housing market is recovering.
But even though prices in RICS are recovering, Brexit is still a problem, he says:
"The results of the recent RICS survey suggest some comfort as they suggest that The property market overall in May could be quiet. However, much of the anecdotal evidence provided by respondents is still rather cautious, with concerns over the political and economic environment.
Rubin's son also warns that some house price vendors are demanding too much for their home to burden the market:
"Another important point that respondents have raised is that there is still a significant A focus on the real estate market is the need for realistic pricing by the vendors, which, while not a recent story, indicates the ongoing challenges.
Introduction: Housing market moves to Brexit delay
Good morning and welcome to our ongoing coverage of the global economy, financial markets, the Eurozone and business.
The Brexit storm clouds, which have been popping up over the British economy for many months, seem to be clearing.
A new survey conducted by Chartered Surveyors shows that the real estate sector recovered in May. Prices picked up when it was relieved that Britain had not left the EU this spring without an agreement.
The Royal Institution of Chartered Surveyors (RICS) real estate pricing – the difference between members reporting price increases and decreases – improved to -10 from -22 in April.
This was the highest value since October and was stronger than expected by the city. This indicates that the steady downward pressure on house prices could ease.
The London housing market has been the most successful since Brexit 2016, but there are also signs that the long slump on the capital housing market has bottomed out.
- New buyer inquiries stabilize in May after the recent declines
- Southeast now shows the most negative sentiment in prices as London recovers
- Indicators of sales , Prices and new instructions remain slightly negative but below expectations
- indicate a gradual recovery in activity over the next 12 months
Reaction to it …
We will follow the events in Arcadia after Philip Green finally persuaded his landlords to agree on hefty rental reductions to keep the company going.  On the economic side, we get new production data for the eurozone and the last weekly unemployment count in the US.
In the city, supermarket chain Tesco reports on its financial results – sales in the UK rose 0.4% qoq in the last quarter, 1.7% growth in a "subdued market," it said.
- 8.30 CEST: Interest rate decision of the Swiss Central Bank
- 10.00 CEST: Industrial production of the Eurozone for April
- 1.30 pm CEST: US weekly unemployment figures