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Crypto Breaking News

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Bloomberg

Trump Says Iran, Israel Looking to Do 'Immediate Ceasefire'

US President Donald Trump said Israel and Iran are looking to agree to an immediate ceasefire following a series of strikes, while Iran's central military command says the military operation against Israel has ended, according to semi-official Fars news agency. Tyler Kendall reports on Bloomberg Television.

Read more: Trump Says Iran, Israel Looking to Do 'Immediate Ceasefire'
Bloomberg

Bonds Drop as Israel-Iran Strikes Raise Inflation Fears

US stocks have staged a modest rebound even as flaring tensions in the Middle East sent oil prices and bond yields higher. Futures for the S&P 500 rose 0.2% after a selloff in artificial intelligence stocks came to a halt. Bond traders are wagering that inflation figures this week will show the biggest surge in consumer prices in several years, adding to pressure on the Federal Reserve to raise interest rates. Global bond markets have seen a profound shift since late February, when the US and Israel's attacks on Iran sparked a surge in oil prices, derailing bets that the central bank was poised to lower rates in 2026. Lindsay Rosner, Head of Multi-Sector Investing at Goldman Sachs Asset Management explains.

Read more: Bonds Drop as Israel-Iran Strikes Raise Inflation Fears
Bloomberg

Too Early for Rotation Into Europe Stocks: State Street

Marija Veitmane, equity research head at State Street Global Markets, discusses the artificial intelligence trade and how Middle East peace prospects impact European stocks. While an end to war and lower energy costs would benefit Europe, "it needs to come with a cyclical earnings recovery and we're just not there yet," Veitmane says on Bloomberg Television.

Read more: Too Early for Rotation Into Europe Stocks: State Street
Bloomberg

HSBC CEO Says Bank Still Needs Human Judgment in AI Era

HSBC Chief Executive Officer Georges Elhedery says that while certain roles will be displaced by artificial intelligence, the productivity gains can be reinvested. "I would like to be able to accelerate and bring forward a lot of the ambitious deliverables we have for the future," Elhedery tells Bloomberg's Francine Lacqua. "That requires investment, and that is job creation."

Read more: HSBC CEO Says Bank Still Needs Human Judgment in AI Era