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The European Central Bank raised rates on Thursday and oil gained more than eight percent. The region's currencies went in different directions. The post Latin American Currencies Split as Europe Raises Rates and Oil Jumps Above US$100 appeared first on The Rio Times.
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
Australian bonds slid, tracking an overnight slump in Treasuries after escalating Middle East tensions drove up oil prices.
Mike Contopoulos, head of multi-asset macro investing at Janus Henderson, and Kay Herr, US CIO of US GFICC JPMorgan Asset Management, join Scarlet Fu on "Bloomberg Deals." Yields on US government bonds rose to fresh multiyear highs as oil prices extended their surge, prompting traders to add to bets that the Federal Reserve will raise interest rates as soon as next week. (Source: Bloomberg)
Yields on US government bonds rose to fresh multiyear highs as oil prices extended their surge, prompting traders to add to bets that the Federal Reserve will raise interest rates as soon as next week.
A R$0.63 tax cut and a R$0.63 Petrobras increase landed together, then a corrected calculation left distributors paying R$0.19 less. The post Brazil Cut the Fuel Tax and Petrobras Raised the Price on the Same Night appeared first on The Rio Times.
Asian stocks were poised to decline Thursday, tracking losses on Wall Street as surging oil prices and Treasury yields stoked inflation concerns ahead of key US price data. US oil extended its rally to an eighth straight session.
Brent oil moved closer to $100 a barrel after the US struck Iranian tankers near the Kharg Island export hub and in the Gulf of Oman. Bloomberg's Abeer Abu Omar has the latest. (Source: Bloomberg)
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Jens Eisenschmidt, Morgan Stanley Chief European Economist; Miriam Wheeler, Goldman Sachs Global Head of Leveraged Finance; Evy Hambro, BlackRock Global Head of Thematic and Sector Investing (Source: Bloomberg)
Oil prices spike to six-week highs as US-Iran strikes disrupt traffic in the crucial Strait of Hormuz.
Energy Aspects founder Amrita Sen discusses China's demand for oil and the outlook for crude prices as disruptions in the Strait of Hormuz continue. "We've been talking about diesel and gasoline prices being super high, and they need to stay high, but I think crude is about to close that gap," Sen tells Bloomberg Television. (Source: Bloomberg)
Vandana Hari, Founder of Vanda Insights, says oil prices are likely to continue a slow and steady climb as the U.S. and Iran remain locked in a cycle of escalation around the Strait of Hormuz. She says crude futures are not fully reflecting the physical market tightness, pointing to diesel prices near $200 a barrel in Atlantic markets and warning of further scarcity in the coming weeks and months. Hari also says markets would remain cautious even if Hormuz reopened, given doubts over whether any de-escalation would prove sustainable. She speaks with Abeer Abu Omar on Horizons Middle East & Africa. (Source: Bloomberg)
Tensions are ongoing over the fate of the Strait of Hormuz as both the United States and Iran are claiming control of the waterway. A recent escalation of the attacks in the region is driving oil prices in several countries.
Fuel prices have soared since the Iran conflict began at the end of February, mirroring the surge in wholesale oil prices.
Nigeria’s currency is headed for its best performance in almost a decade, as rising dollar inflows from higher oil prices and remittances help insulate the naira from political risks usually associated with its election season, according to analysts.
Asian stocks were poised to follow Wall Street higher, while oil slipped after President Donald Trump played down the prospect of a prolonged conflict with Iran. The yen strengthened.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Sally Bakewell, Lisa Mateo, and Tim Stenovec. (Source: Bloomberg)
The S&P 500 Index ended a three-session losing streak on Wednesday as oil prices halted a sharp advance, easing inflation concerns as traders weigh the Federal Reserve’s potential path for interest-rate hikes.
India’s stronger-than-expected first quarter growth has bolstered analysts’ confidence that it can sustain its momentum through the rest of the financial year and remain the world’s fastest-growing major economy – even as it remains exposed to high oil prices caused by the US-Iran war. The Indian economy grew 7.8 per cent in the April-June quarter, comfortably beating the Reserve Bank of India’s forecast of 7 per cent growth, despite the disruption that the Middle East conflict has caused to...