Euro zone government bond yields reached their highest levels in nearly a month. This rise followed a sharp jump in oil prices and heightened inflation concerns. Geopolitical tensions escalated after the United States and Iran exchanged military strikes. Money markets now price in more interest rate hikes by the European Central Bank. These developments highlight energy prices’ influence on inflation and monetary policy.
ideaForge shares jump 7% as firm swings to profit in Q2, revenue soars 124% YoY
ideaForge shares surged over 7% after the company reported a turnaround to a Q2 FY27 net profit of Rs 6.46 crore, while revenue jumped 124%