Geopolitical disruption in the Middle East is driving rate expectations higher, impacting UK building societies like Furness and Nationwide.

1 report, 1 independent Updated Jul 17

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What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

Furness Building Society Nationwide Building Society Middle East

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Part of

Market sentiment is reacting to geopolitical disruptions in the Middle East, driving corporate performance and share price gains. All 14 developments

The entities involved

Furness Building Society
UK business

Nothing else this week.
Nationwide Building Society
British mutual financial institution and the largest building society in the world

Nothing else this week.
Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
- The Middle East conflict is driving inflation, with budget outcomes released involving Chalmers and Gallagher.09:22
- A peace deal is discussed, with terms constraining Israel's objectives and aiming to reopen the Strait of Hormuz.08:24

Related events

Geopolitical uncertainty in the Middle East dampens expectations, coinciding with scheduled IMF and World Bank meetings in Bangkok, Thailand.Oct 8

Coverage

Newest first; wire copies grouped

Jul 17mortgagestrategy.co.uk