Central Bank Docket Set to Disappoint Hawkish Bets: 3-Minutes MLIV
Tom Mackenzie, Anna Edwards, Lizzy Burden and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Tom Mackenzie, Anna Edwards, Lizzy Burden and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Andre Kelleners, co-head of EMEA investment banking at Goldman Sachs, discusses the impact of the war in Iran on markets and M&A deals, saying clients "remain quiet forward leaning," while the majority of them "expects to do more this year than last year in M&A." Kelleners also discusses the pipeline of potential initial public offerings in Europe this year. "The pipeline for IPOs in Europe remains strong and remains robust."
David Rees, head of global economics at Schroders, discusses the impact of energy prices uncertainty on the Federal Reserve as the war in Iran continues. "If it is a relatively brief energy shock, I think you would look through that," he tells Bloomberg Television. He also discusses what to expect from Federal Reserve Chair Jerome Powell as the central bank prepares to deliver its interest rate decision on Wednesday. "I don't see him cutting rates. I think he's kind of backed away from that now," Rees adds.
Iran confirmed the death of Ali Larijani, the Islamic Republic's national security chief and a key figure in its wartime leadership. This is after Israel announced that it had killed him in an overnight airstrike. Ryan Bohl, Senior Middle East and North Africa Analyst at RANE spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the likelihood of a diplomatic off ramp.
Pancontinental Energy (ASX:PCL) has secured a 12-month extension for its PEL 87 offshore license from the Ministry of Mines and Energy.
FlexiRoam (ASX:FRX) announced an expansion of its global presence through a new partnership with a top-10 international airline.
Synertec (ASX:SOP) has formalised a contract with TasNetworks to deploy six of its proprietary Powerhouse Battery Energy Storage Systems.
President Donald Trump has announced that his summit with Chinese President Xi Jinping is being postponed due to the conflict in Iran, delaying critical trade negotiations. Bloomberg's Stephen Engle has the latest.
Energy giant ConocoPhillips has formalised its intent to acquire total control of a promising offshore gas venture.
Cokal (ASX:CKA) released an operational update regarding its metallurgical coal project in Indonesia.
Treasurer Jim Chalmers has moved to de-escalate concerns of a looming economic contraction, pushing back against interpretations of RBA Governor Michele Bullock’s recent warnings.
Reward Minerals (ASX:RWD) has executed a binding letter of intent to acquire the highly prospective Mountain Pond Gold Project.