Markets' Bar for Bad News Is Quite High, Says Citi's Kaiser
Stuart Kaiser, head of equity trading strategy at Citi, examines how equity markets have fared during the first days of the war with Iran.
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Stuart Kaiser, head of equity trading strategy at Citi, examines how equity markets have fared during the first days of the war with Iran.
Oil continues to surge with shipping through the Strait of Hormuz at a near-total halt as the war in the Middle East unleashes a wave of disruption across energy markets. Will Kennedy reports on Bloomberg Television.
Peter Oppenheimer, chief global equity strategist at Goldman Sachs, discusses the impact of war in the Middle East on inflation, the economy and equity markets. "Financial conditions have been tightening globally about 0.3 since this conflict started, and that's another route to which it can affect confidence and equity valuations, at least in the nearer term," Oppenheimer tells Bloomberg Television.
Hongkong Land Holdings Limited Chief Executive Michael Smith tells BTV the commercial property market in Hong Kong is seeing a 'great rebound.'
Former US State Department Senior Adviser and Visiting Fellow at King's College London, Negah Angha, says the Iran war has reached a "critical moment". Angha says US President Donald Trump will need a way out of the conflict soon, as the US public is not happy with the potential of another "forever war". Angha spoke to Vonnie Quinn on Bloomberg Daybreak Europe.
A barrage of Iranian missiles and drones targetted at least five Mideast countries where citizens were urged to take shelter. Earlier this week, NATO forces shot down a ballistic missile headed towards Turkey. Iran denies involvement. Meanwhile Bloomberg reported the US & Israel are considering involving Kurdish forces to take up positions next to northern Iran, as they carry out airstrikes in Tehran. David M. Satterfield, Former US Ambassador to Turkey & Director of the Baker Institute for Public Policy at Rice University spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the likely scenario of Kurdish forces involvement.
US President Donald Trump is weighing a range of options for addressing the spike in oil and gasoline prices as the war in the Middle East continues. Trump has spoken with top advisers including Interior Secretary Doug Burgum to discuss the situation. Bloomberg's Stephen Stapczynski reports.
A barrage of Iranian missiles and drones targeted at least five Mideast countries where citizens were urged to take shelter. Meanwhile the US granted a temporary license allowing Indian refiners to take Russian crude shipments as reports of traffic coming to a near-total halt in the Strait of Hormuz. Amos Hochstein Managing Partner, TWG Global & Former Senior Advisor to President Biden spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the oil markets reaction to the war as well as the GCC's position in the war.
A U.S. submarine strike on an Iranian warship in the Indian Ocean has pushed the Middle East conflict to India's doorstep, raising fresh questions about New Delhi's security and diplomatic strategy. On Insight with Haslinda Amin, former Indian Permanent Representative to the UN Syed Akbaruddin and Emkay Global Chief Economist Madhavi Arora discuss India's calibrated response, the stakes for millions of Indians in the Gulf, and how rising oil prices, trade route risks and geopolitical tensions could test one of Asia's most exposed economies.
The Philippine Central Bank Governor Eli Remolona Jr. warns that oil rising toward $100 per barrel could push Philippine inflation beyond the BSP's 2%-4% target range. On Insight with Haslinda Amin, he said this could potentially force a rate hike after February's policy cut.
International Container Terminal Services Executive VP Christian Gonzalez joins Haslinda Amin on Insight to discuss how the escalating Middle East conflict is reshaping global shipping routes and impacting ICTSI's terminal in Iraq. He also discussed expansion plans
Malaysia's Second Finance Minister Amir Hamzah Azizan says his country is within the safe zone of its economic forecasts. He also discusses the outlook for the currency, which has come under pressure due to the war in Iran. He speaks exclusively with Bloomberg's Haslinda Amin.
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