Christian Mueller-Glissmann, head of asset allocation research at Goldman Sachs, discusses the equities rally, the impact of US-Iran de-escalation on sentiment, and whether the markets recovery is sustainable. “I think we need central banks to shift back to a bit to where we were before,” Mueller-Glissmann tells Bloomberg Television. “We need the rates relief to come in.” (Source: Bloomberg)
Anna Edwards, Guy Johnson, Tom Mackenzie and Adam Linton break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.” (Source: Bloomberg)
Abu Dhabi’s Axight has bought a stake in an Australian alternative asset manager from Brookfield, adding to a flurry of dealmaking by regional entities despite disruptions caused by the Gulf war.
Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. (Source: Bloomberg)
Kamal Sharma, G-10 FX strategy director at Bank of America, discusses the dollar’s status as a safe haven as some banks are declaring the war-driven haven rally is likely over. He speaks on Bloomberg Television. (Source: Bloomberg)
Iran played it’s trump card by shutting down oil tanker traffic. It likely won’t be able to use it again.
The banking giant posted earnings per share of $3.43, compared to forecasts of $3.02.
Investors are about to lose a financial cushion that’s been supporting the stock market for months, warns Strategas researchers.
The latest dispute underscores the mounting challenges for an industry that Democratic governors once saw as key to replacing fossil fuels.
Brazil is returning to international debt markets with its first sale of euro-denominated bonds in over a decade, joining a wave of emerging-market borrowers seeking to diversify their funding sources.
