Author name: Commodities Market Writer

Investors looking for clues on which direction the stock market is headed in the coming weeks will get a rapid-fire reading as soon as trading ends on Wednesday.

Billionaire Gautam Adani’s $1.2 billion copper plant has hit a string of technical setbacks since it was commissioned ten months ago, raising concerns about the future of an operation vital to adding supply outside China.

Airbus SE’s adjusted earnings before interest and tax and revenue both fell short of analyst estimates in the first quarter, dragged down by a steep earnings drop at the main aircraft making subsidiary. The company said it’s confident it can achieve its full-year aircraft delivery and earnings targets. Bloomberg’s Benedikt Kammel reports.

The extended closure of the Strait of Hormuz and extreme weather have jolted the price index for farm commodities to a two-year high as fertilizer headaches and the prospect of smaller harvests drive food inflation risks.

Deutsche Bank CFO Raja Akram discusses the lender’s first-quarter results, fixed-income trading and global uncertainty in light of the situation in the Middle East. “Credit and FX continue to outperform our expectations,” Akram tells Bloomberg’s Oliver Crook. (Source: Bloomberg)

US and UK ties are at their lowest point since the Suez Crisis in the 1950s as King Charles III visits Washington. In an address to lawmakers, Charles argued for preserving the countries’ alliance. (Source: Bloomberg)

Operators of Europe’s largest airports are warning of an increasingly uncertain outlook as the Middle East conflict adjusts flight schedules and restricts access to key airspaces.

Homayoun Falakshahi, head of crude oil analysis at Kpler, discusses energy markets as investors focus on the next step for peace talks between the US and Iran. He tells Bloomberg Television that should the US manage to sustain its blockade of the Strait of Hormuz for another two months, “Iran’s oil revenues will drop to zero.” Falakshahi also warns that should the waterway remain closed for another two months, prices for oil could go back to “roughly 120, 125 [dollars a barrel] for Brent.” (Source: Bloomberg)

Deutsche Bank AG suffered a dent in its exposure to commercial real estate and highlighted that the asset continues to be a problem for it.