Next, Shell and BAE Systems have posted updates today in a session when another major central bank is expected to hike interest rates.
Following on from last night’s 0.25% tightening by the Federal Reserve, the European Central Bank is poised to follow suit with an increase of the same size.
Oil prices steadied this morning, with Brent crude at $73 a barrel after falling yesterday on fears that a sustained period of high borrowing costs will slow global demand.
