Global Markets Rally as Oil Prices Climb and Zelenskyy Meets Trump in Washington
Markets rise as oil climbs, Zelenskyy meets Trump

Global markets experienced a notable uptick as oil prices climbed and Ukrainian President Volodymyr Zelenskyy met with former US President Donald Trump in Washington. Investors remain watchful ahead of the Jackson Hole Economic Symposium, while UK house prices saw a slight decline in August.

Market Momentum Builds

Equities rallied across major indices, buoyed by optimism in energy markets and easing geopolitical tensions. Brent crude rose above $85 a barrel, supported by supply concerns and steady demand forecasts.

Zelenskyy-Trump Talks in Focus

The high-profile meeting between President Zelenskyy and Donald Trump drew international attention, with discussions likely centering on Ukraine's ongoing conflict and Western support. The talks precede a gathering of European leaders in Washington this week.

UK Housing Market Cools

New data reveals UK house prices fell 0.4% in August, marking the first monthly decline since March. Analysts attribute the dip to higher mortgage rates and cost-of-living pressures, though annual growth remains positive at 2.3%.

Jackson Hole Looms

Financial markets await signals from the Federal Reserve's annual symposium in Wyoming, where central bankers may provide clues about future interest rate moves. The event could spark fresh volatility across asset classes.