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On Tuesday stateside, Trump said the U.S. could leave Iran in "two or three weeks," adding "We leave because there's no reason for us to do this."
The positive sentiment may not fully capture the impact from the Iran war, analysts said, as Japan's Tankan survey period ended in March.
Mozambique repaid early and in full about $701 million it owed the International Monetary Fund, implying the cancellation of a mission to the southeast African nation targeted for August, according to Standard Bank Ltd.
A global stock surge is masking deeper anxiety over the global economic outlook that may cut the relief rally short.
US Treasuries climbed on speculation that an imminent end to the war in Iran may pave the way for the Federal Reserve to start cutting interest rates again.
UK and European government bonds surged, sending yields tumbling, as oil prices slumped on hopes that the Iran war may end in the coming few weeks.
Crude prices dropped on Wednesday as President Donald Trump signaled willingness to exit the Iran conflict even as the Strait of Hormuz remains largely closed.
Nigeria plans to raise $5 billion from the United Arab Emirates’ largest lender in a derivatives deal to cut borrowing costs, joining a growing number of African nations using the instruments as the war in Iran drives yields higher.
On Tuesday stateside, Trump said the U.S. could leave Iran in "two or three weeks," adding "We leave because there's no reason for us to do this."
India has begun its long-delayed national census, a policy-shaping exercise that will collect a wide range of data and, for the first time since independence, include citizens’ caste.
Remi Olu-Pitan, multi-asset growth and income head at Schroders, discusses the outlook for stocks, bonds and commodities after President Donald Trump again signaled the potential end to the Iran war that’s roiled markets. "We are in an environment of heightened geopolitical risk," Olu-Pitan tells Bloomberg Television. "And so there is a case for having some exposure to commodities in portfolios. You'll need it." (Source: Bloomberg)
Oil tumbled after President Donald Trump again signaled a potential end to the Iran war, even as the Strait of Hormuz remains largely closed and more US troops head to the region.
Asian stocks rallied the most in nearly a year, tracking Wall Street’s rally on optimism that the war in Iran may end in the near future.
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US President Donald Trump signals the US will end its war with Iran within two to three weeks. Also on the show: the UAE now reportedly lobbying for a military coalition to reopen the Strait of Hormuz by force; oil edges higher as Trump signals US might end war on Iran; Israel says it will take control of large parts of southern Lebanon as part of its campaign against Hezbollah; South Africa's Deputy Minister of Trade, Industry and Competition tells Bloomberg the country could be well positioned to benefit from rerouted shipping flows; South Africa is cutting fuel taxes as oil prices surge and pressure builds on households and inflation. Guests include: Parisha Saimbi, BNP Paribas, EM Asia FXLM Strategist; Patrick Schoettmer, Seattle University, Associate Professor of Political Science. (Source: Bloomberg)
Israel will take control of large parts of southern Lebanon and prevent more than 600,000 residents from returning to their homes as part of the campaign against Hezbollah. Bloomberg's Dan Williams reports. (Source: Bloomberg)
Nike has shown some gains in North America, its largest market, amid its turnaround, but the strength was offset by weakness in China.
Australian consumer spending has held up in the face of the Middle East conflict and the resulting surge in oil prices, the nation’s top lender Commonwealth Bank of Australia said.
Bloomberg's Mark Cranfield looks ahead to today's trading on Wall Street after US stocks rallied into Tuesday's close on optimism that a resolution to the war in Iran will ease crude oil flows and support economic growth. (Source: Bloomberg)
Coca-Cola Co. and its two authorized bottling partners in South Africa plan to invest 17.6 billion rand ($1 billion) in domestic operations through 2030 to expand capacity and bolster distribution.
Crude prices extended gains as traders weighed escalating attacks in the Persian Gulf and signs that President Donald Trump was contemplating an exit from the Iran conflict.
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