US and Israeli Leaders Aim to Reassure Rattled Investors
US and Israeli leaders are seeking to calm markets following extensive damage to Persian Gulf energy facilities. Bloomberg's Joumanna Bercetche reports from Dubai with the latest.

US and Israeli leaders are seeking to calm markets following extensive damage to Persian Gulf energy facilities. Bloomberg's Joumanna Bercetche reports from Dubai with the latest.
The war in Iran is fueling demand for ETFs in the Asia-Pacific, with inflows jumping to the highest level in years according to data from Bloomberg Intelligence for early March. Reggie Browne, principal at market-maker GTS Securities, is sometimes known as 'Mr ETF' for his role in helping to build the industry in its early days. He discusses the trends he sees in the region on "ETF IQ Asia."
Macquarie Capital's Ellie Jiang says this year marks "a reality check" for Alibaba Group Holding Ltd. earnings. However, she tells Bloomberg Television that the Chinese company is still "probably the best one to be positioned into this AI front."
Kyle Rodda, senior market analyst at Capital.com, says "right now there seems to be, still, a degree of complacency that things will be resolved swiftly enough." Rodda tells Bloomberg Television that the situation looks "a little bit bearish to my eyes."
The Brookings Institution's Asia Policy Studies Center Research Director Mireya Solis analyzes the high-stakes meeting between PM Sanae Takaichi and President Donald Trump as the Iran war tests the US-Japan alliance.
Japan's Prime Minister Takaichi sat down with President Trump amid the Iran War and rising global gas prices. Mario Parker breaks down what you need to know from the nation's capital. Watch "The Debrief with Mario Parker" only on Bloomberg's "Balance of Power"
Israel said it will no longer target energy infrastructure after an attack on an Iranian gas field sparked retaliatory strikes against energy assets across the Middle East, causing oil and gas prices to surge and prompting a rebuke from President Donald Trump. "Israel acted alone," Prime Minister Benjamin Netanyahu said at a press conference on Thursday, after Israeli officials previously said they had informed the US about the attack. Netanyahu also said Israeli forces would help the US attempt to reopen the Strait of Hormuz and that the war would be over faster than people think, in comments that helped calm markets on a day that already-elevated energy prices spiked once again.
1994 NBA All-Star and New York Knicks legend John Starks discusses collegiate sports, March Madness, how the NBA has changed since his playing career ended, and the Knicks playoff push. He talks with Romaine Bostick and Katie Greifeld on "The Close."
Matthew Diczok, head of fixed income strategy, Merrill and Bank of America Private Bank said the market doesn't expect their to be a sustained increase in energy. he world's bond markets were whipsawed by unusual volatility as investors rushed to bet on higher interest rates after key central banks signaled fresh concern the surge in oil prices will deliver an inflation shock. Three weeks into the war in Iran, the fallout unleashed a major repricing of short-term bonds during much of Thursday's trading day by dashing once widespread expectations that central banks would cut rates this year to spur growth. The selloff was led by the UK, where the surge in yields held echoes of 2022, when former Prime Minister Liz Truss' fiscal plans sent the market into a tailspin. The two-year rate jumped as much as 40 basis points to 4.49% after the Bank of England on Thursday said it "stands ready" to act to prevent inflation from accelerating.
CIBC Private Wealth Senior Energy trader Rebecca Babin discusses the market volatility caused by the ongoing conflict in Iran, and the opportunity to limit the 'economic scarring' if the war is resolved within the next few weeks. She talks with Katie Greifeld and Romaine Bostick on "The Close."
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