US Treasury Secretary Bessent had a "fierce row" with UK Chancellor Reeves last month over her outspoken criticism of the Iranian war, FT sources say

This report on the disagreement between US Treasury Secretary Bessent and UK Chancellor Reeves highlights rising tensions surrounding geopolitical issues, particularly related to Iran.

Newsquawk StaffPublished On the live feed at , 20 minutes before this page
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Australian RBA Interest Rate Decision 4.35 vs. Exp. 4.35% (Prev. 4.1%, Low. 4.10%, High. 4.35%)

RBA hikes its Cash Rate by 25bps as expected to 4.35%; via 8-1 vote (one voted to maintain rate at 4.10%); says inflation likely to remain above the target and risks remain tilted to the upside

US Treasury Secretary Bessent had a "fierce row" with UK Chancellor Reeves last month over her outspoken criticism of the Iranian war, FT sources say

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Such frictions could influence market sentiment, potentially impacting risk assets and currencies, especially if they escalate or lead to policy shifts. Traders should monitor how this dynamic evolves, as it may affect safe-haven flows and geopolitical risk pricing across various assets.

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