Whiplash on markets as oil prices fall from 4-year high, yen spikes, bond yields dip

Mădălin Mihai

LONDON, April 30 : Oil prices retreated after hitting a four-year high and global bond yields fell in a dramatic day on markets as the ECB and Bank of England kept rates steady on Thursday, while the yen surged following talk of foreign exchange intervention. European markets performed a U-turn in a breathless session, with earnings from iPhone maker Apple yet to come and President Donald Trump set to be briefed by the leader of the U.S. Central Command on plans for potential military action

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Whiplash on European markets as oil tumbles off four-year high, yen spikes https://www.channelnewsasia.com/ - 30.04.2026 15:34

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Whiplash on European markets as oil tumbles off four-year high, yen spikes https://www.channelnewsasia.com/ - 30.04.2026 15:34